Reuters Market Eye - Titan Company Ltd gains more than 5 percent.
Morgan Stanley upgrades the watches and jewellery maker to "overweight" from "equal-weight".
Raises share price target to 420 rupees from 330 rupees.
Morgan Stanley cites conviction in the strength of its Tanishq jewellery brand and its potential to gain market share.
(Reporting by Abhishek Vishnoi)
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