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.
