Brokerages Predict Massive 2026 Stock Market Surge: Sensex to 107K, Nifty to 32K

• Brokerages forecast significant growth for Indian stock market in 2026 after 2025's recovery.
• Morgan Stanley predicts Sensex could hit 1,07,000 (bull case) and Nifty 95,000 (base case) by Dec 2026.
• Nomura, Goldman Sachs, Kotak, Axis, Emkay project Nifty targets ranging from 28,100 to 32,032.
• Optimism stems from macro environment, policy easing, new earnings cycle, strong domestic flows, and normalized valuations.
• Experts advise caution, monitoring global indicators, interest rates, geopolitics, and corporate earnings despite strong rally prospects.

Why It Matters: Brokerages foresee a strong Indian stock market rally in 2026, with Sensex and Nifty reaching new highs, but advise caution.