A trader points to monitor displaying an S&P 500 Index (SPX) chart on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Why Morgan Stanley’s Ridham Desai Sees More Room For Rally

The Sensex has risen to a record and is trading higher than its historical valuations. Still, Morgan Stanley’s Ridham Desai says the valuations aren’t expensive and there’s room for growth.“There’s...