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India upgraded to No.1 slot in Morgan Stanley's emerging markets list
Top global brokerage firm Morgan Stanley on Thursday upgraded Indian stocks to overweight rating and ranked India as the No. 1 market in its basket of Asian emerging markets, excluding Japan.
Beating the likes of Korea and UAE, India jumped 5 places in Morgan Stanley's list on the back of a structural uptrend, secular leadership, and relative valuations being less extreme than in October.
Point to note - MS upgrades India to overweight rating, and downgrades China to equal-weight rating
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no doubt india can become one of the top 3 economies in the world. The same questioned i asked here just yesterday - check it out