Morgan Stanley's Ridham Desai believes Indian equities are reasonably priced, despite foreign investors being underweight due to perceived ...

India is in a strong financial position. The recent economic slowdown was temporary. The government is expected to increase spending. This ...

The brokerage is overweight on financials, technology, consumer discretionary and industrials and underweight all other sectors. In its mod...

"The New India will drive a fifth of global growth through the end of this decade, led by offshoring, investment in manufacturing, the ener...

In 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...

“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...

Morgan Stanley raised its June 2020 BSE Sensex target to 45,000 from 40,000.

The worst for economy was the June quarter and we should have started recovery with July.

"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...

Among stocks, Morgan Stanley is overweight on HDFC Bank, L&T and Tata Motors. However, it is underweight on Australia, S. Africa, Singapore...

September is synonymous with US' 2008 financial crisis, which led to a tsunami of defaults in its banking system, rattling financial market...

India’s multiple on stocks may not come back to the trailing averages. It will tend to trade higher than historical averages

“I would not be surprised if the stocks stagnate, undergo time correction or even actually go through a price correction once the liquidity...

Domestic consumption seems to have turned but global outlook remains challenging and discretionary consumption to be the trend.

The 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 ...

"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."

"The broad market growth is about 18%. I think people have become a bit pessimistic about the earnings cycle," Ridham Desai said.