What does India’s ‘overweight’ rating from Morgan Stanley mean?
India was upgraded by Morgan Stanley from “equal weight” to “overweight,” noting that it is currently the top-ranked and most-preferred market among emerging markets. An outlook of “overweight” indicates that Morgan Stanley anticipates India’s economy to perform better going forward.
With a GDP of only $2,500 per person and favourable demographic trends, India may be only beginning a long wave boom, according to Morgan Stanley.
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