Ridham Desai of Morgan Stanley India believes that it is very hard to time the bottom in a market and that he has “no idea whether Indian equities are currently at a bottom” after a 15% fall from their peak. “However, I can say the stocks are attractive,” Desai told CNBC-TV18 in an exclusive interaction […]
FIIs buy IT and realty stocks in December while offload oil & gas and automobile – CNBC TV18
After offloading nearly $14 billion worth of shares in October and November, the foreign portfolio investors turned net buyers of Indian equities in December 2024. During the month, the overseas investors bought equities worth $1.83 billion. Company Value Change %Change While they bought more IT shares in December, they cut exposure in oil & gas […]
Sensex target set at 93,000 by December 2025, says Morgan Stanley – CNBC TV18
Morgan Stanley has set an ambitious target for India’s benchmark Sensex, projecting it to reach 93,000 by December 2025, driven by a combination of structural and cyclical factors. Jonathan Garner, Chief Asia & EM Equity Strategist at Morgan Stanley is optimistic about India’s economic trajectory, emphasising that the nation remains one of the firm’s top […]
Nifty’s close on Nov 13 may be the lowest unless Trump delivers a shock: Ridham Desai – CNBC TV18
Ridham Desai, Managing Director of Morgan Stanley India, suggested that the Nifty50’s close on November 13 may be the lowest unless US President-elect Donald Trump announces unexpected policies. Speaking at CNBC-TV18’s Global Leadership Summit, Desai noted one significant risk to watch for is on January 21, when the new US President takes office and may […]