Morgan Stanley India’s Ridham Desai believes domestic equities will outperform the global downturn, though finding the market bottom remains uncertain. He sees valuations becoming attractive, especially in small and midcaps, which have corrected over 20%. Desai expects financial stocks to lead the recovery and highlights India’s stable policy environment as a key strength. He remains confident that retail investors will continue to support Indian equities despite volatility.
Morgan Stanley: India Will Outperform Global Bear Market
