Global financial powerhouse Morgan Stanley has upgraded India to the ‘overweight’ category, giving it the top rating among Asian emerging markets, while cutting Australia to ‘underweight’. It also put ‘equal-weight’ rating on China and Taiwan and continued with an ‘overweight’ rating on Korea.
Morgan Stanley gives India top billing among Asian emerging markets
Global financial powerhouse Morgan Stanley has upgraded India to the ‘overweight’ category, giving it the top rating among Asian emerging markets, while cutting Australia to ‘underweight’. It also put ‘equal-weight’ rating on China and Taiwan and continued with an ‘overweight’ rating on Korea.