Election outcome: Morgan Stanley expects 15% upside, Sensex target at 45,000 for June 2020
Updated : May 23, 2019 12:56 PM IST
Morgan Stanley expects a 15 percent upside from here on with June 2020 target for BSE Sensex at 45,000 and Nifty at 13,500.
Going ahead, the focus will now likely shift to the growth cycle.
The brokerage stays overweight on domestic cyclicals (both consumer and industrials) as well as financials.