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.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on December 9, 2025, according to stockedge.com’s technical scan