Ridham Desai, Managing Director, Morgan Stanley. (Photo: BloombergQuint)
Equity investors are underestimating earnings growth in India and asset prices still have a considerable upside even as the benchmarks are at a record high, according to Morgan Stanley's Ridham Desai.“Right now, the market is still not in that camp that we’re going to get a big positive growth on earnings over the next 12 months,” Desai, managing director at Morgan Stanley India, told BloombergQuint’s Niraj Shah in an interview. “The...