Sensex to reach the 100,000 mark?
Leading brokerage firm Morgan Stanley has predicted that the Indian stock markets will rise significantly this year. It said that the Sensex is likely to cross 100,000 by December. It stated that RBI actions and tax reforms are supporting the markets. It mentioned that this is possible if crude oil prices remain stable. However, it warned that if oil prices rise, the Sensex could fall to 76,000.
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