A $150-billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets. Counterpoint Global, a unit of Morgan Stanley Investment Management that’s racked up wins in mutual-fund rankings, is exploring whether the cryptocurrency would be a suitable option for its investors, according to … Read more
Mumbai: Infrastructure- and industrial-related stocks are expected to gain as India steps up spending, while pent-up demand could also boost the real estate sector, said Ridham Desai, MD, Morgan Stanley India. Staples-related consumption looks fully priced, while discretionary and travel related stocks could also be in the list of potential purchases, Desai said in a … Read more
Mumbai: Global economies and the capital markets across the world saw “once in a century” swings but 2021, is all set to bring in normalcy, a Morgan Stanley research said Friday. Global equities and economies saw a drastic fall this year as Covid pandemic and lockdowns implemented in many large economies including India. Next year, … Read more
“Grasim’s standalone B/S is too stretched to make any large scale investment in a group company at this stage,” said Morgan Stanley. The brokerage said capital allocation to group companies, especially to the group telecom company, has been a concern and overhang on Grasim’s stock, driving a high holding discount on the stock. This discount … Read more