April 16, 2025 12:08 PM

India one of preferred markets with resilient macro conditions: Morgan Stanley

A Morgan Stanley report released on Wednesday identified India as one of its top equity market picks, citing resilient macroeconomic conditions and adequate stimulus support. In the context of the "Brave New World" dynamic shaping the early phase of the new US administration, the global brokerage said, “Among the larger markets, we maintain our core overweight (OW) recommendations on domestic India, domestic Japan, Singapore, and the UAE,” among others. “We remain most cautious on Taiwan...