Kolkata: The Indian equity markets are again marching back towards their peak. Sensex and Nifty are again inching close to the highs after a long gap of more than a year amid valuation concerns, trade-related uncertainties, geopolitical nest and a weak rupee. One of the significant developments of November is that three major global brokerages such as Goldman Sachs, Morgan Stanley and HSBC have published bullish reports which project Sensex 30 to sail past the psychological 1 akh mark next year and by December 2026 rise as high as 107,000. What are the tailwinds that are triggering such a bullish outlook of the major brokerages. let’s have a look and try to analyse the factors.

“After underperforming Asia by 30% in the past 12 months, we think the worst is over for Indian equities…. Foll

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