Morgan Stanley has updated its India Equity Strategy focus list. Reliance Industries and Varun Beverages are now included. Interglobe Aviation and Jubilant Foodworks have been removed. The firm favors large private sector companies in Financials, Consumer, and Industrial sectors. Reliance Industries’ AI and green energy initiatives are highlighted. Varun Beverages’ growth potential is also noted.
Venugopal Garre on AI, earnings and why India’s market valuations may stabilize
Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next