Nifty tips, Sensex may rise to 30,000 in 2016 14 Dec, 2015

The Sensex has slided 17 per-cent, or 5,000 points, from its all-time high of 30024.75 in March this year amid worries over the pace and quality of earnings growth and the shock delivered to global financial markets by China's yuan depreciation and the commodity price plunge. 

The Sensex may rise 8 per-cent to touch 27,000 by March 2016 & scale the 30,000 peak by Dec 2016 as foreign fund flows surge, majority of participants in the poll told. 

The index is on track to post its worst annual performance in four years current year & foreign funds have sold Rs 30,000 cr of shares since August month.Click Here For Nifty futures tips