Why Morgan Stanley stayed overweight on Indian stocks post Budget 2026; prefers these 3 sectors

Budget 2026: Morgan Stanley said it remains ‘overweight’ on Indian equities after the Union Budget 2026 announcements on February 1. As per the global brokerage, the Union Budget 2026 carefully balances fiscal consolidation with growth support. It observed that the Budget blends cyclical recovery measures with long-term structural reforms that could strengthen India’s medium-term growth…

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Government spending crucial, hope it does not pursue aggressive tightening, says Canara Robeco AMC’s equity CIO

With demand weak, private capex subdued, and household incomes seeing limited growth, the government spending remains crucial, said Shridatta Bhandwaldar, chief investment officer-equities at the company. The previous budget marked a pivot towards consumption and revenue expenditure, and this one should avoid further tightening, he said, adding that defense capex is also expected to rise…

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