Morgan Stanley overweight on energy, industrials, telecom
Published on Wed, Sep 01, 2010 at 07:56 | Source : CNBC-TV18
Updated at Wed, Sep 01, 2010 at 07:59
Like this story, share it with millions of investors on M3
0
Like this story, share it with millions of investors on M3
Morgan Stanley overweight on energy, industrials, telecom
We are overweight energy, industrials, materials & telecom and underweight healthcare, utilities, consumer discretionary, financials & technology, says Ridham Desai of Morgan Stanley.
Here is expert equity call for the day on how the markets are expected to trade:
Ridham Desai, Morgan Stanley: Investors should buy the dips in India with an expected return of around 23% to the end of 2011. We are overweight energy, industrials, materials & telecom and underweight healthcare, utilities, consumer discretionary, financials & technology. Our focus is on sectors with attractive valuations, reasonable earnings momentum and a negative consensus view.
