Morgan Stanley sees Sensex at 93,000 by 2025 end, remains bullish on India’s long-term growth
Live MintAs the calendar turns to 2025, India's equity market continues to maintain a positive trajectory, buoyed by strong fundamentals and a degree of insulation from global economic turbulence. Despite a 6 per cent correction in Indian benchmarks the Sensex and Nifty from recent highs, triggered by substantial foreign institutional investor sell-offs in October, Morgan Stanley remains optimistic about the country’s prospects. Morgan Stanley’s Strategy Outlook Morgan Stanley’s 2025 India Strategy Outlook projects India as a leading performer among emerging markets, with the BSE Sensex expected to offer a 14 per cent upside by December 2025. In this environment, India’s earnings growth could slow to 15 per cent annually, reflecting weaker macroeconomic conditions and subdued investor sentiment. Risks to Watch While the outlook is undeniably strong, Morgan Stanley highlights several risks that could dampen the optimism surrounding India’s equity market.