Bharat Electronics, Britannia, ICICI Prudential Life, Indusind Bank, Tata Steel, others now in Morgan Stanley Focus List
Morgan Stanley discusses their most favoured investment themes for 2021 and identifies the high conviction sector and stock calls around these themes by collaborating with their bottom-up views. Morgan Stanley thinks growth is set to surprise on the upside due to a combination of improving policy traction, global growth, accommodative monetary stance, strong farm output, robust corporate activity and the likely peak of Covid-19 cases.
Morgan Stanley is overweight Consumer Discretionary, Industrials, Financials, Utilities and underweight Technology and Energy: Reuters