Morgan Stanley pegs GDP at 6%, sees Sensex at 23,000

Global brokerage Morgan Stanley said the Indian economy has come out of the trough and will grow at 6 per cent in the current fiscal. Sounding bullish on the stock markets, it pegged the Sensex......

Now, Morgan Stanley downgrades IT stocks

The BSE’s index of Information Technology (IT) stocks is down 2.71 per cent since January, compared to a 6.8 per cent gain in the Sensex. IT stocks might continue to lose appeal, suggested a......

New era of Indian equity outperformance is dawning: Morgan Stanley

A new era of Indian equity market outperformance compared to China “appears to be dawning”, according to Morgan Stanley. Illustration: Uttam Ghosh/Rediff.com The firm has upgraded......

Morgan Stanley to invest $1bn in Indian realty

Morgan Stanley Real Estate, the realty arm of global financial services firm Morgan Stanley, on Wednesday said it plans to invest $1 billion (Rs 4,600 crore) in next 4-5 years in India."Over the......