Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants