Mumbai: Morgan Stanley raised its June 2015 target for the Sensex by 9 percent to 28,800, saying the budget on Thursday would help revive investor sentiment and boost earnings.
The target would mark a 13.5 percent gain from BSE's close on Thursday.
BSE earnings expectations from Morgan Stanley:
FY15 13.5 pct
FY16 22.7 pct
FY17 23.4 pct