Can Sensex hit 1 lakh in 1 year? Morgan Stanley gives new target

Morgan Stanley has set a Sensex target of 89,000 by June 2026, citing India's structural growth, strong earnings outlook, and stable policy environment. In a bull case, Sensex could hit 1 lakh. The firm is bullish on financials and industrials, with stock-picking expected to outperform macro-driven strategies.