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.

Puneet Wadhwa | New Delhi
Last Updated at November 28, 2022 22:11 IST

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 markets is intact, said analysts at Morgan Stanley in a recent note, and expect the S&P BSE Sensex 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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