This Article is From Jul 11, 2014

Morgan Stanley Raises Sensex Target to 28,800

Morgan Stanley Raises Sensex Target to 28,800

Morgan Stanley raised its June 2015 target for the Sensex by 9 per cent to 28,800, saying the budget on Thursday would help revive investor sentiment and boost earnings.

The target would mark a 13.5 per cent gain from BSE's close on Thursday.

BSE earnings expectations from Morgan Stanley: FY15 - 13.5 per cent, FY16 - 22.7 per cent, FY17 - 23.4 per cent.

Copyright: Thomson Reuters 2014

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