A recent report from Morgan Stanley reveals a notable trend in wealth accumulation in India over the past decade. Indian households have collectively accumulated $9.7 trillion in wealth. Property remains the primary source of this wealth, though gold and equities have also made substantial contributions. Gold represented 22% of the wealth added over the last 10 years, while equities accounted for 20%.
Private sector banks set to generate Alpha in 2025: Radhika Gupta
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
February 6, 2025