February 18, 2025 11:30 AM
Indian stocks could see revival soon, global factors are the key: Morgan Stanley
Global brokerage Morgan Stanley has indicated that Indian stocks could experience a revival soon, though global factors will be crucial to this outcome. In its latest note, analysts at Morgan Stanley acknowledged that while catching the market bottom is challenging, "buying Indian equities could prove rewarding." The brokerage noted that India is emerging from a period of slow growth in recent months, with global conditions improving. Stocks are now priced lower than they have been since the C...