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Morgan Stanley: Sensex could hit 95,000 points by Dec.
Morgan Stanley projects a 50% chance of Sensex reaching 95,000 points by December 2024.
KEY POINTS
- There is a 20% probability that Sensex could surpass 100,000 points and reach 110,000.
- The bullish forecast relies on sustained macroeconomic stability and a revival in private investment.
- Sensex earnings are forecast to compound at 17% annually through FY28, driving the target.
COMPANIES
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