25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham Desai

Morgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improving macroeconomic fundamentals. The brokerage's base case targets 89,000 by June 2027, while assigning an equal 25% probability to a bear-case decline to 66,000.

Raccontata daeconomictimes.indiatimes.com