In a Morgan Stanley “MS India Strategy Report,” strategist Ridham Desai says Indian equities are poised to reverse recent trailing underperformance versus global peers and could scale up to 10 times in growth by FY31. The report frames the projection as a forward-looking outlook rather than a near-term guarantee, linking the potential improvement to what it describes as a “secret sauce.” According to NDTV’s coverage, Desai also identifies “four mega sectors” as key areas that could support the projected expansion, suggesting a sector-led path to growth rather than a broad, single-factor story. The articles emphasize that the view is part of the broader strategy report and reflects Desai’s assessment of market trajectory rather than confirmed performance outcomes. Overall, the reports present the forecast alongside the expectation that India’s equity markets can improve relative standing to international benchmarks, but they do not provide additional methodology details, specific stock picks, or timelines beyond the FY31 horizon.
Morgan Stanley Strategist Ridham Desai Predicts Up to 10x Indian Equity Growth by FY31
In a Morgan Stanley “MS India Strategy Report,” strategist Ridham Desai says Indian equities are poised to reverse recent trailing underperformance versus global peers and could scale up to 10 times i...
- Ridham Desai, Head India Equity Strategist at Morgan Stanley, presents the view in an MS India Strategy Report.
- He expects Indian equities to reverse recent trailing underperformance versus global peers.
- He projects up to 10x equity growth by FY31.
- The report highlights four mega sectors as important drivers.
- NDTV describes the outlook as tied to a “secret sauce,” without detailing specific stock recommendations in the coverage.
In the latest MS India Strategy Report, Ridham Desai, Managing Director, Head, India Equity Strategist at Morgan Stanley, stated that D-Street is poised to reverse its recent trailing underperformance...
20 hours agoIn the latest MS India Strategy Report, Ridham Desai, Managing Director, Head, India Equity Strategist at Morgan Stanley, stated that D-Street is poised to reverse its recent trailing underperformance against global peers.
20 hours ago
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