Veteran investor Mark Mobius, known for his special investment strategy in emerging markets, has said something big. In a special conversation with CNBC-TV18 on Monday (30 September), he said that the Sensex can reach 1,00,000 by the end of this year. If this happens, the market is expected to rise by 18% from the current level in the next three months.

So far this year, the Sensex is up more than 17%. Since 2015, the Sensex has given positive returns every year. In 2015, the index saw a decline of 5%. Since 2012, the Sensex has seen a decline only once on an annual basis. In this way, for the last 12 years, the Sensex has given an average return of 17% on an annual basis.

India will benefit from the boom in the Chinese market. In this conversation, Mark Mobius also talked about the recent boom in the Chinese stock markets. Along with this, a pullback in the Chinese market has also been predicted. However, he definitely said that the outperformance in the Chinese markets will have a positive outlook for other emerging markets. India will benefit from the boom in the Chinese markets. He also said that the Indian market is not expensive at the moment. There will be opportunities in the stocks of these sectors . He said that there are still opportunities in metals, auto, real estate and pharma. One has to be ready to buy on the decline in the Indian market. There will be ample opportunities in the semiconductor space. However, it may take some time to reap the full benefits of this opportunity in India. Mobius said that if SEBI tightens F&O rules, the current rally may be halted for some time, but the momentum of the rally in the market may continue in the long term. Which markets is Mark Mobius bullish on? Mark Mobius said that if he has $100 today, he will invest 50% of it in the Indian market. 25% in China and Taiwan and the remaining 25% in Turkey, Vietnam and other emerging markets. During this, he also said that he will invest 10% of the portfolio in gold. Mark Mobius also said that in the future, the performance of emerging markets will be better than the US.