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RIDHAM DESAI FORECAST
Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdownMorgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside f...
Is Nifty's cheap-looking valuation a mirage? Why $100 oil could trap value huntersAnalysts warn India's Nifty valuations may be a mirage, with crude oil prices above $100 potentially triggering significant earnings downgr...
Sensex @ 95,000 in 9 months? Morgan Stanley's Ridham Desai says bull market comingMorgan Stanley forecasts the Sensex could reach 95,000 by December 2026, signaling a new bull market driven by India's strong growth prospe...
India’s structural strength makes it a long-term winner despite global challenges: Ridham DesaiMorgan Stanley's Ridham Desai believes Indian equities are reasonably priced, despite foreign investors being underweight due to perceived ...
Ridham Desai predicts a very bullish story for equities, capex boom in next 3 yearsIndia is in a strong financial position. The recent economic slowdown was temporary. The government is expected to increase spending. This ...
Nifty may underperform for few more weeks, 10 stocks on focus list: Morgan StanleyThe brokerage is overweight on financials, technology, consumer discretionary and industrials and underweight all other sectors. In its mod...
India's decade among 10 big global investment themes for Morgan Stanley in 2023"The New India will drive a fifth of global growth through the end of this decade, led by offshoring, investment in manufacturing, the ener...
30% chance of Sensex hitting 80,000 in 12 months: Morgan StanleyIn its latest report, Morgan Stanley's India equity strategist Ridham Desai said the index would hit 68,500 by December 203 in the base cas...
How much inflation is good for stocks? Ridham Desai answers“If inflation gets too high (economy too hot), the cost of money tends to rise and eventually kill the investment cycle. Such a rise in inf...
Foreign brokers raise Sensex, Nifty targets post tax cut announcementMorgan Stanley raised its June 2020 BSE Sensex target to 45,000 from 40,000.
Equities will grow 3 times in 5 years and then will enter a bear market: Ridham DesaiThe worst for economy was the June quarter and we should have started recovery with July.
India likely to be $6 trillion economy in 10 years: Morgan Stanley"We estimate digitisation will provide a boost of 50-75 basis points to GDP growth and achieve upper-middle income status by by 2026-27," M...
Morgan Stanley turns overweight on Indian market, downgrades other EMsAmong stocks, Morgan Stanley is overweight on HDFC Bank, L&T and Tata Motors. However, it is underweight on Australia, S. Africa, Singapore...
September is here! History suggests FIIs go after Indian stocks during this monthSeptember is synonymous with US' 2008 financial crisis, which led to a tsunami of defaults in its banking system, rattling financial market...
We are at the start of the liquidity super-cycle in India: Ridham Desai, Morgan StanleyIndia’s multiple on stocks may not come back to the trailing averages. It will tend to trade higher than historical averages
Stars not aligned, but still looking at low double digit growth: Ridham Desai, Morgan Stanley“I would not be surprised if the stocks stagnate, undergo time correction or even actually go through a price correction once the liquidity...
Market to be a little heavy in second half of 2016: Ridham Desai, Morgan StanleyDomestic consumption seems to have turned but global outlook remains challenging and discretionary consumption to be the trend.
Expect two rate cuts before March; Nifty50 may offer double-digit return in 2016: Ridham DesaiThe euro is easing a bit and Japan has still not got his foot off the pedal; we will see in the next few months whether that changes, says ...
Fed rate hike to be beneficial for Indian market; ongoing volatility an opportunity: Ridham Desai, Morgan Stanley"I think if Fed hikes in September and the markets are pricing in less, but if it does, it will actually be good for India."
Investors are warming up to growth stocks: Ridham Desai, Morgan Stanley"The broad market growth is about 18%. I think people have become a bit pessimistic about the earnings cycle," Ridham Desai said.