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Two Risks That Morgan Stanley’s Ridham Desai Sees For Indian Markets
Ridham Desai on what could spook Indian markets.
16 Apr 2021, 11:19 AM IST
While it’s impossible to predict the course of the pandemic and its impact on markets, according to Morgan Stanely’s Ridham Desai, a surge in inflation and another serious Covid-19 wave in the developed markets could cause a deep correction in Indian equities.If things start worsening around the virus, the correction can get deeper, Desai said on BloombergQuint’s series ‘Navigating Through Uncertainty’, citing up to a 25% plunge duri...
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