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25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham Desai

Posted on July 6, 2026
By Business News Today
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1 min read

25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham Desai

Morgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improving macroeconomic fundamentals. The brokerage's base case targets 89,000 by June 2027, while assigning an equal 25% probability to a bear-case decline to 66,000.