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Sensex can hit 80,000 by December 2023 in bull-case, says Morgan Stanley

As their base-case, however, Morgan Stanley sees the S&P BSE Sensex to scale up to 68,500 levels - up 10 per cent from the current levels.

Topics
Bull Market | Market trends | stock market trading

Puneet Wadhwa  |  New Delhi 



Stock market rally, bull trading, Sensex, nifty
Morgan Stanley expects the pace of flows into Indian equities – both by FIIs and domestic institutions – to continue in 2023 as well

The bull-run in Indian equity is intact, said analysts at Morgan Stanley in a recent note, and expect the to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current levels, this translates into an upside of nearly 29 per cent.

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First Published: Mon, November 28 2022. 15:41 IST

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