Morgan Stanley raises Sensex target to 28,800

Last Updated: Fri, Jul 11, 2014 12:27 hrs

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

More from Sify: