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Morgan Stanley upgrades India to 'overweight', downgrades China
![IndiaTimes]()
Thursday, 3 August 2023
Morgan Stanley has upgraded India from "equal weight" to "overweight" for investment purposes. This is due to the ranking of India as the most preferred market among emerging markets, as well as supportive foreign inflows, macro stability, and a positive earnings outlook. en downgraded to "equal weight" as its stock market may be reaching the end of a long-wave boom.
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