Daijiworld Media Network – Mumbai

Mumbai, Nov 5: The correction in the Indian stock market is over, according to analysts at Morgan Stanley, who believe the key factors behind India’s underperformance compared to emerging market peers are reversing.

In its latest report, the global brokerage said that in a bull-case scenario with a 30 per cent probability, the Sensex could reach the 100,000 mark by June 2026. In the base-case scenario, with a 50 per cent probability, the Sensex is expected to hit 89,000 levels, up about 6.6 per cent from the current levels. The bear-case scenario, with a 20 per cent probability, pegs the index at 70,000, down 16 per cent from the current levels.

Among the stocks where Morgan Stanley remains overweight are Maruti Suzuki, Trent, Titan Company, Varun Beve

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