Ridham Desai of Morgan Stanley India. (Source: BloombergQuint)
India may lag peers in the new Samvat 2078 but investors should have a view for three to five years, not 12 months, according to Morgan Stanley’s Ridham Desai.It’s fair to expect some relative underperformance in India versus other markets, mainly because it has been a rank outperformer in the Samvat drawing to a close, he told BloombergQuint’s Niraj Shah in a Diwali special interview ‘Saal Mubarak’. But staying invested in equities ...