Morgan Stanley is standing firm on its year-end Sensex target of 105,000 points by December 2025, despite ongoing global trade tensions and recent market fluctuations. The financial giant’s strategists emphasize the positive trajectory of India’s earnings growth, pointing out the appealing stock valuations following the impact of the Covid-19 pandemic. Nevertheless, they acknowledge external risks such as US tariff policies and the strength of the dollar as potential concerns moving forward. This bullish outlook from Morgan Stanley reflects a sense of confidence in India’s economic resilience and potential for growth, even amidst challenging global circumstances.