Morgan Stanley’s top picks: Adani Power, Trent, among 10 stocks rated ‘overweight’ by Wall Street giant - Solid bets
· economictimes.indiatimes.com
Wall Street major Morgan Stanley in its latest strategy note suggests that India could be in the midst of a multi quarter growth upcycle. Given supportive equity valuations, we expect equity market performance to improve considerably in the coming months. It does not expect a bunching of issuances, with retail demand continuing to stay ahead of supply. Sensex earnings are expected to compound at 16% annually through F2029. Here are 10 stocks the brokerage is bullish on. Solid bets
Adani Power stands out as the best-performing stock on the list. The utility sector company has delivered a stellar 71% return over the past year, outperforming...