Morgan Stanley sees Sensex at 42,000 by Dec

INSUBCONTINENT EXCLUSIVE:
the coming weeks causing Nifty to break its four-month range to the upside
and Rathi have been among the most optimistic analysts when it comes to market predictions
Their bull case, which has a probability of 30 per cent, pegs Sensex at 47,000 by 2019 end, while the bear case expects the index to end the
has been a result of rising oil prices and political uncertainty
including various pre-poll alliance formations, the farmer cash transfer scheme and the military action across the border may cause
Nifty to break its 10,500-11,000 range to the upside, which it has respected since November.