04 Mar 2026 | 5 Mins Read
Sensex to reach 1,07,000 by December: Morgan Stanley
Flipitmoney
Morgan Stanley believes the BSE Sensex is the "cheapest ever in gold terms." Despite recent underperformance, the brokerage expects a 33% upside to 107,000 by December 2026 in a bull-case scenario and an 18% upside to 95,000 in a base-case scenario. India's equity market has derated despite strong earnings and macro outperformance, creating a buying opportunity in high-quality Indian equities.