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• Morgan Stanley has set a base case scenario of Sensex hitting 74,000 by December 2024, with a 50% probability.
• In the bull case scenario, the index could reach 86,000, while in the bear case, it may fall to 51,000.
• The global investment bank is positive on Indian equities and has replaced Titan and SBI Cards with Avenue Supermart and Reliance Industries in its focus list.