Wednesday, September 7, 2022

Morgan Stanley rerates banking sector, sees 41% upside in select stocks

Morgan Stanley rerates banking sector, sees 41% upside in select stocks What has surprised some money managers is that the credit growth has jumped in India when global issues have resurfaced, and a global economic slowdown looks imminent. That means, Indian lenders are bucking the global trend.

from Moneycontrol Market Outlook https://ift.tt/Wjx3i1c

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ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an a...