Morgan Stanley stays Overweight on India; ICICI Bank, Gail among top 4 stocks in focus list

Morgan Stanley stays Overweight on India; ICICI Bank, Gail among top 4 stocks in focus list

Finally! Some good news for emerging markets which witnessed huge foreign money outflows thanks to the rise in the US Dollar. In 2018, a tricky handoff in growth, policy and inflation drove a rolling bear market. However, for 2019, Morgan Stanley expects a larger turning point in a number of multi-year trends. Emerging Markets (EM) assets should outperform. The global investment bank thinks that the bear market is mostly over for EM, has further to go in US credit and is about to begin for the US dollar. [“source=cnbc”]  

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Air stays ‘very poor’, no relief in sight for 48 hrs

Air stays ‘very poor’, no relief in sight for 48 hrs

Delhi’s air quality remained `very poor’ on Saturday with moderate to dense fog seen in several places around the capital. Conditions are expected to remain the same for the next 48 hours with dense fog expected in parts of the city, experts said. Wind speed picked up in the evening, which saw an improvement in air quality but conditions in the morning remained poor with PM 2.5 levels over 3-4 times in several places across Delhi. The permitted limit of PM 10 being 100 microgramscubic metre, while it is 60…

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