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The Sensex ended at a new closing peak of 24,376.

88 on Tuesday while the Nifty ended at


7.275.50. (Read more)
Deutsche Bank has raised its Sensex target to 28,000 for the end of this year, while UBS has set
raised the Nifty target for 2014-end to 8,000.
"We see the confidence among domestic and foreign investors returning to India & expect India
to remain a very promising destination," said Vijayan S, DBS Bank's head of treasury and
markets.
According to a Morgan Stanley research note, given the mood of the market, an "overshoot" is
possible. Morgan Stanley's Index target is 26,300 for June, 2015 as compared to its previous
target of 21,280.

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