Page 22 - Morgan Stanley

Analysts see more headroom for quality real estate stocks

At the bourses, most real estate stocks have given a healthy return in CY19. Godrej Properties, for instance, has rallied 37 per cent.

Top headlines: RBI constitutes panel for DHFL, more curbs on H1-B likely

Here are top headlines of the day

India's banking sector at a turning point, thanks to the SC: Morgan Stanley

SC ruling last week not only paved the way for ArcelorMittal's purchase of Essar Steel India Ltd., but also allowed banks to set the terms of the distribution of sale proceeds among creditors

Morgan Stanley pegs 2020 global growth at 3.2%; EMs to outperform

Uncertainties relating to trade wars, macro data from the United States (US) and reduced scope of monetary policy, however, are the three key risks it cites to its projections

EM equities to outperform global peers in the next decade: Morgan Stanley

Analysts at Jefferies, however, have a contrasting view and suggest EM debt to be a better bet than equities as things stand

IIM-A kicks off summer placements, BCG top recruiter in 'Cluster 1'

In the investment banking & markets cohort, HSBC was the highest recruiter, extending eight offers

Investment banking fees up 6% in 2019 over higher fees in debt segment

Debt capital market underwriting fees totalled $201.2 million, up 108.7 per cent from a year ago - the best-ever first three quarters since records began in 2000

RIL new digital biz to make platform apps attractive to investors: Analysts

RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley

Morgan Stanley, ex-employees' fund bet on India's warehousing space

Morgan Stanley has also set up a platform with Bengaluru-based developer Puravankara Projects for industrial parks

Morgan Stanley remains overweight on RIL, raises earnings forecast by 7%

The brokerage said the company's target of zero net debt by FY2021 will help lower investor concerns about debt, which had increased steadily over the past seven years

Reliance Industries gains 5% as Morgan Stanley maintains overweight stance

Analysts at Morgan Stanley expect recovery in energy earnings after the trough (both refining and petrochemicals) seen in Q1FY20

Tax rate cut: Brokerages rejig index targets; Chris Wood ups India exposure

Besides Wood, Nomura, too, has revised its Nifty50 target for March 2020 to 12,545 on the back of a potential 7 per cent earnings increase in FY20/21

Valuations of banks could go up in 12 months: Morgan Stanley's Anil Agarwal

The challenge for wholesale-funded institutions whether it's a bank, non-bank or housing finance company, is that they cannot lend because they are struggling with liquidity, says Anil Agarwal

Business is never just about the deal, says Morgan Stanley's de Sequeira

"Grow the business, expand the pie and connect with the client for the long term because it's never about a one-off"

Five reasons why Morgan Stanley has turned bullish on Sun Pharma

The global brokerage firm said Sun Pharma was its top pick in its Indian healthcare coverage and sees 27 per cent upside potential in the stock

China can create its own Goldman Sachs, if Beijing curbs its instincts

Chinese brokerages are relatively unsophisticated beside their Wall Street rivals, focusing mostly on equities trading

Morgan Stanley cuts allocation to global equities, sees limited upside

Lower earnings, slower growth drive decision; other research and broking houses are also raising fears of slowdown in corporate earnings globally

Morgan Stanley cuts 2019 global growth estimate to six-year low

The developments post-G20 meeting, Morgan Stanley says, are not enough to remove the uncertainty around trade policy, given the lack of clarity so far on the critical issues.

Indian markets have not sustained pre-Budget rallies in the past

When expectations are low, the markets tend to do well post the budget

Morgan Stanley estimates ETF assets will go up 12 times in 10 years

In India, ETF assets have risen from $240 million to $15 billion in four years