Morgan Stanley Bullish on Indian Securities Market In Spite Of Global Problems
Despite prevailing economic headwinds, Morgan Stanley projects the BSE Sensex to get to 89, 000 within the following year, signifying a 15 % upside possible with June 2027
- Target: Sensex at 89, 000, with 50 % chance, driven by confidence in India’s medium-term development.
- Key Drivers: Sped up incomes post-mid-cycle stagnation, RBI price cuts, strong capex in critical fields, and robust domestic growth.
- Sectoral Preference: Obese on financials, customer discretionary, and industrials; underweight on energy, products, energies, and health care.
- Bear Case: Sensex declining to 66, 000 as a result of higher crude oil rates, hawkish monetary plan, and international downturn.