Business Blog: Morgan Stanley upgrades India to 'overweight', downgrades China

Wednesday, August 2, 2023

Morgan Stanley upgrades India to 'overweight', downgrades China

Morgan Stanley has upgraded India from "equal weight" to "overweight" for investment purposes. This is due to the ranking of India as the most preferred market among emerging markets, as well as supportive foreign inflows, macro stability, and a positive earnings outlook. en downgraded to "equal weight" as its stock market may be reaching the end of a long-wave boom.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cSYhJgF
via IFTTT

No comments:

Post a Comment

India extends coal import mandate for power to avoid blackouts

India extended a mandate to power plants to import coal until March as the driest August in more than a century pushed electricity demand to...