MORGAN STANLEY VIEW ON INDIA STRATEGY
Why India Continues To Be Our Top Emerging Market Pick
India's Low Beta Is Helping It To Significantly Outperform Amid Global Equity Price Volatility
Weak Global Markets Can Cap Absolute Returns
Global Bull Market Could Coincide With Relative Underperformance For Low-Beta Market Like India
Fundamentals Remain Strong
Strong Macro Stability With Falling Inflation Volatility
Strong Macro Stability With Improving Terms Of Trade, Declining Primary Deficit
Mid-To-High-Teens Earnings Growth Annually Over The Next 3-5 Years
See A Reliable Source Of Domestic Risk Capital
A Dovish RBI, Rupee No Longer Overvalued, Sluggish Oil Prices & Likely Indo-US Trade Deal
Technical Are Favorable
Recent Decline Was Orderly With Hardly Any Increase In Implied Volumes
Persistent Retail Buying Underpins Its Structural Nature
Foreign Portfolios Positioning Is Weakest Since We Have Had The Data In 2000
There Are Early Signs That Their View On India Is Shifting
Our Proprietary Sentiment Indicator Is In Buy Zone
