Morgan Stanley’s Ridham Desai eyes 19% Sensex upside, calls IT the ‘Dark Horse’
- Posted on June 4, 2026
- By Financial Express
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- 1 min read
Morgan Stanley’s Ridham Desai eyes 19% Sensex upside, calls IT the ‘Dark Horse’
Morgan Stanley’s Ridham Desai sees India entering a fresh earnings upcycle and predicts 19% Sensex upside by June 2027. While Financials, Consumer Discretionary and Industrials remain top bets, the brokerage says IT services could emerge as the market’s biggest surprise winner as global AI spending accelerates.
