Morgan Stanley’s Ridham Desai forecasts a major multi-year earnings cycle for Indian equities, projecting India Inc’s earnings to compound at 15% over the next five years. Driven by robust domestic capital formation, this acceleration could expand the Indian stock market tenfold by FY31, positioning financials, industrials, and IT as top winning sectors.
Disclaimer:Educational purposes only; not financial advice. Public market data sourced via Morgan Stanley Research.
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