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Morgan Stanley has raised its June 2015 target for the Sensex by 9% to 28,800, saying the budget on Thursday would help revive investor sentiment and boost earnings.
The target would mark a 13.5% gain from BSE's close on Thursday.
BSE earnings expectations from Morgan Stanley are 13.5% for FY15, 22.7% for FY16 and 23.4% for FY17.
