Brokerages Predict Nifty 32000, Sensex 107000 by Dec 2026

• Major brokerage firms forecast significant gains for Indian markets by December 2026, despite a mixed 2025.
• Morgan Stanley projects Sensex could hit 1,07,000 in a bull case, or 95,000 in a base case, by December 2026.
• Kotak Securities sees Nifty reaching 32,032 in a bull scenario, with a base target of 29,120 by December 2026.
• Nomura, Goldman Sachs, Axis Securities, and HSBC also provide optimistic Nifty and Sensex targets.
• Firms like Nomura and HSBC note normalized valuations and attractive opportunities for long-term investors.

Why It Matters: Top brokerages foresee substantial growth for Nifty and Sensex by December 2026, with targets up to 32000 and 107000 respectively.