Page 16 - Morgan Stanley

Inflation is a key risk to India's V-shaped economic recovery

As we parse through the data, we think that the underlying growth momentum suggests a broadening of the recovery, with domestic demand indicators improving

Chris Wood hikes allocation to Indian equities; raises stake in HDFC

Among Indian stocks, besides HDFC, Wood also holds Reliance Industries (RIL), Maruti Suzuki, SBI Life Insurance, DLF and Cipla

Morgan Stanley to buy Eaton Vance for $7 bn in asset management push

Morgan Stanley's wealth management and investment management businesses already account for 40-50% of the bank's revenue

5 reasons why Morgan Stanley is bullish on ICICI, Axis and HDFC Bank

Morgan Stanley believes the banks could provide aggressively for bad loans (unlike the banking system) and accelerate the pace of loan market share gains as the economy stabilizes

Goldman Sachs to Fitch: Global rating agencies cut India's GDP forecast

Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades

Global economy seeing V-shaped recovery, inflation may rise: Morgan Stanley

The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said

Out of the woods? Analysts turn bullish on NBFCs on improved liquidity

Recent steps by the government and the RBI to keep systemic liquidity and rates benign along with direct liquidity to NBFCs facing constraints, in the wake of Covid-19, have helped, analysts say

Tata Steel, JSPL: Morgan Stanley bullish on steel stocks; do you own any?

Supported by strong domestic demand in China, healthy exports, and rebound in domestic demand, global brokerage Morgan Stanley believes the steel industry's profitability cycle is turning faster

Morgan Stanley bullish on small, midcaps on growth recovery, valuations

Aditya Birla Capital, Jubilant FoodWorks, MhpasiS, Narayana Hrudyalaya, and Tata Power are among the 22 SMIDs where it remains bullish.

China pushes First Capital merger in drive to take on Wall Street: Reports

China wants to level the playing field as it opens up its financial markets to foreign players including Goldman Sachs and Morgan Stanley

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

Morgan Stanley posts record profit on trading boom amid Covid-19 crisis

Trading powerhouses Morgan Stanley and Goldman Sachs performed better than Main Street rivals JPMorgan Chase, Bank of America and Citigroup

Morgan Stanley, BofA lead i-banking in value terms with 50% market share

At the fifth slot is SBI Caps closing three deals worth $2.9 bn, followed by Nomura Holdings with $1.7 bn across two deals, and IDSBI Capital Markets with $1.3 bn involving two deals

RIL net debt to dip with rights issue, Jio stake sale: Morgan Stanley

Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Platforms

Crude oil can hit $50/bbl in 2021; gas demand to pick up in India: Analysts

Currently, Brent prices are hovering around the $42/barrel mark

Bigbasket re-evaluates fundraising plan as demand and profit rise

The start-up in Jan had appointed Morgan Stanley and Goldman Sachs to assist it in raising $150 mn by July

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock

Global fund managers cautious on equities; geopolitics, Covid-19 key risks

A record 78% of investors surveyed by BofA Securities believe markets are most 'overvalued' since 1998

Morgan Stanley economists double down on V-shape global recovery

The economists said they expect global GDP growth will trough at -8.6 per cent year on year in the second quarter

Morgan Stanley sees 3% contraction in global GDP; 12% dip in MSCI EM index

The global economy appears headed to its most severe recession in the post-war era, although there is a fair chance of rapid rebound in the second half of 2020-2 on unprecedented policy easing