Business

Morgan Stanley Projects Sensex to Reach 105,000 by December 2025

Published

11 months ago

March 12, 2025

Analysts at Morgan Stanley project that the Sensex could reach the 105,000 mark by December 2025 in their bullish scenario, which represents a significant increase of approximately 41% from current levels.

They indicated that the risk-reward balance for the Indian markets is becoming more favorable, forecasting a base-case target of 93,000 for the Sensex by December 2025, translating to an increase of about 25% from present levels.

In their bearish scenario, the Sensex is expected to decline nearly 6%, reaching 70,000 by December 2025.
Ridham Desai, the head of India research and equity strategy at Morgan Stanley, along with co-authors Upasana Chachra, Sheela Rathi, Nayant Parekh, and Bani Gambhir, highlighted that the Indian equity markets seem oversold and are evolving into a stock pickers’ environment.
According to Morgan Stanley, a recovery in the markets will largely depend on global factors, including U.S. policy and growth rates worldwide.
The firm emphasized that India is poised to become the world’s most attractive consumer market and will experience a significant energy transition. They anticipate an increase in credit relative to GDP and a rising contribution of manufacturing to GDP.
“The market has overlooked the RBI’s policy shift and a robust budget from the government, among other positive developments since early February. India’s low beta nature positions it as an ideal market in this uncertain macroeconomic environment affecting equities. Notably, our sentiment indicator is in strong buy territory,” Desai stated.
Morgan Stanley expects a broad-based recovery in consumption as income tax cuts stimulate urban demand, complementing the ongoing positive trends in rural consumption.
They foresee public and household capital expenditures bolstering growth, with private corporate capital expenditures gradually recovering. They also predict inflation to hover around 4.3% year-over-year in FY27.

Business

India May Buy More Oil From Venezuela Instead of Russia

Published

1 week ago

January 31, 2026

Namma Kudla

Business : The United States has told India that it can soon resume buying oil from Venezuela.The suggestion is part of a U.S. effort to reduce India’s dependence on Russian crude oil.

This pitch comes as India plans to cut Russian oil imports by several hundred thousand barrels per day in the coming months. Under the Trump administration, the United States had imposed a 25 % tariff on countries that bought Venezuelan oil, including India.

Now, the U.S. wants India to resume Venezuelan oil purchases to help diversify India’s energy sources. The United States is also trying to reshape energy ties with India as part of broader diplomatic engagement.

Venezuela’s interim president Delcy Rodríguez said she agreed with India on energy cooperation in a recent phone call with Prime Minister Narendra Modi. PM Modi said both sides agreed to deepen their partnership and expand cooperation in all areas.

Venezuela has the world’s largest proven oil reserves. Recently, Venezuela opened its oil sector to private investment to attract foreign capital and boost production.

India was one of the major buyers of Russian crude after the Ukraine war began in 2022. But India is now seeking alternative suppliers as part of its energy strategy.

Business

Chicken Prices Remain Stable in Local Markets

Published

2 weeks ago

January 27, 2026

Namma Kudla

Chicken prices remained stable in local markets today.Traders said there was no major change in rates.Consumers continued to make regular purchases.

Boneless chicken is priced at ₹210 per kilogram.Regular chicken is available at ₹160 per kilogram.Chicken liver is being sold at ₹120 per kilogram.

Country chicken is priced higher due to demand.It is selling at ₹360 per kilogram.Live chicken is available at ₹130 per kilogram.

Skinless chicken is priced at ₹200 per kilogram.Vendors said supply is sufficient in the market.They expect prices to remain steady in the coming days.

Customers expressed satisfaction with the current rates.Market officials said there is no shortage of chicken.

Business

Gold Prices Edge Up in India on January 19, 2026

Published

3 weeks ago

January 19, 2026

Namma Kudla

Gold prices in India recorded a slight increase on January 19, 2026, supported by global market trends, local demand, and movements in the rupee-dollar exchange rate.

As per market estimates, 24-carat gold, which is considered pure gold, is priced at ₹14,569 per gram, or ₹1,45,690 per 10 grams. 22-carat gold, commonly used for jewellery, is trading at around ₹13,355 per gram, or ₹1,33,550 per 10 grams.

The prices have risen marginally compared to the previous day. The increase is mainly linked to a weaker Indian rupee against the US dollar, which makes imported gold more expensive.

Gold rates vary slightly across cities such as Mangalore and other parts of the country. These differences depend on local taxes, transportation costs, jeweller margins, and regional demand.

Demand for gold remains strong due to the wedding season and festive buying, which continues to support higher prices. Investors also turn to gold during uncertain economic conditions, as it is seen as a safe-haven asset.

Experts say that global geopolitical developments, inflation concerns, and central bank policies are also influencing international gold prices, which in turn affect domestic rates.

Market participants expect gold prices to remain firm in the near term if the rupee stays weak and demand continues at current levels.