business / news / / NewsX
A new report by the firm says that the benchmark index Sensex could hit 95,000 points by.
Morgan Stanley projects the Sensex could reach 95,000 by December 2026.
KEY POINTS
- If crude oil falls below $70, the Sensex could potentially hit 1,07,000 in a bull case.
- Indian equities are trading at historically attractive levels, near their cheapest-ever in gold terms.
- India’s share in global profit pools now exceeds its index weight by a record margin.
- Morgan Stanley favors domestic cyclicals, overweighting financials, consumer discretionary, and industrials.
COMPANIES
Summarized by Newsio from NewsX. How we summarize →