published Sep 3, 2018, 6:53:48 AM, by Ravil Shirodkar and Nupur Acharya (Bloomberg) — Another thousand-point milestone is within reach for India’s benchmark equity index. Following the drubbing earlier this year, the S&P BSE Sensex is nearing the 39,000 level, the gauge’s third round-number mark since surpassing its life-time peak
It’s funny how before something very unusual and quite terrible happens, there are always a bunch of people saying “Don’t be silly. Don’t worry about such nonsense. These things just don’t happen.” Well, yeah, they do. They happen a lot actually. Of course, when they happen, the same people that