Sensex @ 95,000 in 9 months? Morgan Stanley's Ridham Desai says bull market coming
Why it matters: The Sensex is projected to reach 95,000 by December 2026, indicating a major bull market for Indian equities.
- Morgan Stanley forecasts the Sensex could reach 95,000 by December 2026.
- Ridham Desai of Morgan Stanley indicates a new bull market is on the horizon for Indian equities.
- India's strong growth prospects and favorable valuations are identified as key drivers for this significant recovery.
Morgan Stanley predicts the Sensex will hit 95,000 by December 2026, signaling a new bull market for Indian equities. This optimistic forecast is driven by India's robust growth prospects and attractive valuations, despite acknowledging potential near-term hurdles.
