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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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...