The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Coforge and IndiGo join Morgan Stanley's focus list replacing Infosys and M&M
Coforge Ltd. and InterGlobe Aviation Ltd. have been added to Morgan Stanley's 'focus list', replacing Infosys Ltd. and Mahindra & Mahindra Ltd. Analysts highlight Coforge's strong growth potential, driven by effective management and significant deal momentum, despite its year-to-date underperformance. With a 30% valuation premium over larger peers, Morgan Stanley anticipates this gap will widen as growth accelerates.
Nilesh Shah warns foreign investors of higher costs to re-enter Indian markets
Nilesh Shah, Managing Director of Kotak Mahindra Asset Management, stated that foreign investors exiting the Indian markets will need to pay double to re-enter. Speaking at the CNBC-TV18 Global Leadership Summit, he emphasized that while corrections present buying opportunities, those with a one-year investment horizon should avoid equities due to potential risks.
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