Morgan Stanley sees earnings growth potential for India
pre-market1 source ↓written by the desknot a recommendation
- to rise
- 7-8%
India's market is poised for a fresh earnings upswing as valuations reset, according to Jonathan Garner of Morgan Stanley. He forecasts earnings growth to rise from 7-8% to the mid-teens next year, driven by policy stimulus and improving GDP momentum. Foreign investor participation remains steady despite short-term fluctuations.
Not investment advice. For informational purposes only.