Morgan Stanley has lowered India’s rating to ‘equal weight’. This move is due to geopolitical uncertainties and oil supply concerns. The firm remains positive on Japan, Brazil, and Singapore. While India’s economy is more stable against oil price hikes, AI disruptions and high valuations are also factors.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited