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What sectors Morgan Stanley's Ridham Desai is betting on

Morgan Stanley India county Morgan county Stanley pandemic economy Coronavirus
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The next bull market for India stocks is likely to mark a change in sector leadership, with consumer discretionary and health-care taking the baton from financials and consumer staples, according to Morgan Stanley India Co.

A rise in per capita income may increase consumers’ share of spending on health and other non-food goods and services, which should make these industries grow faster than the economy, the broker said.

That should also help stocks in these sectors reverse the underperformance they have suffered in recent years, said analysts Ridham Desai and Sheela Rathi. “Both sectors are significantly under-owned, unloved, and undervalued," the analysts wrote in a note to clients. “Fundamentally, the outlook for both is improving in

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Manitoba to provide COVID-19, vaccine update Wednesday
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COVID-19
United States
United States
Cases: 46 252 513
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India
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Brazil
Brazil
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Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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