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Morgan Stanley raises Sensex target to 28,800

Source : REUTERS
Last Updated: Fri, Jul 11, 2014 12:27 hrs
A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange building in Mumbai

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


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