 "Ridham Desai")
Indian markets are likely to outperform their emerging market peers, suggests Ridham Desai, head of India research and India equity strategist at Morgan Stanley in a co-authored report with Sheela Rathi.
“While global market performance remains a key to the absolute performance of Indian stocks in the near term, India's beta to the world has dropped to a 13-year low and possibly sets the stage for India's outperformance in a low-return world,” the report says.
The market, Morgan Stanley says, has digested a rise in rates, domestic political news, a bank scandal, rise in equity supply, protectionist waves, global market
