August 4, 2023 8:20 AM
Brokerage firm Morgan Stanley upgrades India's markets to Overweight category; downgrades China
The brokerage firm, Morgan Stanley, has upgraded its view on India's markets to overweight from equal weight, predicting a ‘long wave boom’ ahead. The brokerage firm believes that India's reform and macro-stability agenda supports a strong capex and profit outlook. An overweight rating...