The Indian macro set-up is the strongest among EMs: Morgan Stanley's Garner

India remains one of the preferred bets among Asian equities, says Jonathan Garner of Morgan Stanley

India remains one of the preferred bets among Asian equities, says Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley. Speaking to Samie Modak, he says global markets, including India, will continue to do well over the next one year. Edited excerpts of an interview:

What is your assessment of the global rally?

A strong global economic recovery and earnings growth are causing equity markets worldwide to go up. Some, including India, are going up faster than others. We expect corporate earnings will grow in the mid-teens, year on year, for the All-Country World Index, a global