Strong Growth Signals Expected in Indian Markets Amid Policy Continuity and Upcoming Elections: Morgan Stanley

Morgan Stanley anticipates strong growth in the Indian markets in the coming months, along with increased activity in the capital markets.

The SMID (Small and Mid-Cap Index) is steadily rising, despite ongoing concerns.

• They favor large-cap cyclical stocks over defensive ones.

• Expect strong growth signals in the coming months, along with more activity in the capital markets.

• The BJP-led NDA government has maintained consistent policies, and further announcements are expected to support this trend.

• The upcoming state elections in the fourth quarter, including Maharashtra and Haryana, will be closely watched.