Morgan Stanley says Indian equities are poised to “regain their mojo in 2026” after their worst relative performance in 31 years, citing a policy pivot that is reviving nominal growth, forecasting a bull-case Sensex target of 107,000 by December 2026. Even the brokerage’s base case sees the benchmark reaching 95,000, driven by macro stability, fiscal consolidation, private investment and potential monetary easing. In this backdrop, Morgan Stanley has built a focus portfolio of 10 Overweight-rated stocks it believes are best positioned to benefit from India’s cyclical recovery.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts
June 30, 2026