Sensex, Nifty slip at opening bell: Early trade signals weak start

Nifty 50 traded at 25,891.45.

Hindustan Unilever, Infosys, TCS, Tata Steel and Tech Mahindra were among the gainers.

Maruti, Mahindra & Mahindra, SBI, Axis Bank were among the stocks which lagged behind.

In the broader market, Nifty MidCap index tanked by 0.02% while Nifty SmallCap index went down by 0.23%.

Among the sectoral indices Nifty Realty, Auto, Bank, Media, Pharma, Consumer and Oil and Gas were among the laggards.

IT, Metals, FMCG and chemicals also traded lower.

Morgan Stanley sees Sensex soaring to 1,05,000 in 2025

Brokerage firm Morgan Stanley has predicted that the Indian stock market may emerge as an outstanding performer in 2025, media reports said.

Morgan Stanley has predicted the BSE Sensex could rise up to 105,000 in a bullish market backed by strong earnings growth, macroeconomic stability and robust domestic capital inflows, Business Standard reports.

Several factors like lower oil price, further interest rate cuts, government reform as well as global issues will play a role in the bullish outlook to materialise.

The base case scenario suggests the BSE Sensex would soar to 93,000 in 14 percent jump from the current levels.

Several factors like fiscal consolidation, steady retail investment and manageable equity supply are likely to drive the growth.

In the worst case scenario, Morgan Stanley predicts the BSE Sensex could tank to 70,000 in 20 percent decline from the current levels.