Morgan Stanley’s Ridham Desai forecasts a 10% upside in the BSE Sensex, targeting 89,000 by June 2026. The optimism stems from macro stability, equity-friendly household shifts, and lower inflation volatility, supported by multiple structural growth triggers in India.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may