Latest Ridham Desai News & Updates

New Delhi, June 2 (IANS) Indian equities are poised for a strong growth phase over the coming years despite recent underperformance against emerging markets, according to a report by Morgan Stanley, which said improving earnings growth, rising investments and supportive macroeconomic conditions continue to strengthen the long-term outlook for the domestic stock market.In a strategy note, Morgan Stanley analysts Ridham Desai and Nayant Parekh said Indian equities have delivered their weakest trai…

New Delhi, May 13 (IANS) Indian equities are set for a strong year ahead due to acceleration in earnings growth and reflationary policies of the RBI, along with policy moves such as rate cuts, bank deregulation and liquidity infusion, a report said on Wednesday.The report from Morgan Stanley said strong capital expenditure in energy, defence, semiconductors, fertilisers and data centres along with large tax cuts are other factors likely to drive an earnings upswing.The investment bank forecasted…