News From Press New era of Indian equity outperformance is dawning: Morgan Stanley

New era of Indian equity outperformance is dawning: Morgan Stanley

Source: Business Standard Aug 4, 2023

A new era of Indian equity market performance versus China is dawning, according to Morgan Stanley, which has upgraded India to overweight in its Asia Pacific-ex Japan (APxJ) list, and is now their most preferred market in not only in this region, but also in the global emerging market (GEM) pack.

India, according to Morgan Stanley, is the numero uno market in this category with a weight of 75 basis points (bps) now as compared to nil earlier.

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