Morgan Stanley explains what can trigger Sensex to hit 1,00,000 points next year

Morgan Stanley predicted a 25% chance that Sensex may hit 1,00,000 points by June 2027 and 50% probability to 89,000 points. The rally depends on coming earnings season, how monsoon plays out, wave of IPOs, healthy economy, etc, it added. "IT Services may prove the dark horse as...world turns to these firms to build AI applications and solutions," it added.