Morgan Stanley
Domestic investors about to pip FPIs in holdings first time since 2010: Morgan Stanley
With share owners remaining marginal setters of price with their persistent bid, domestic investors are about to become larger holders of Indian equities than FPIs for the first time since 2010. This shift in holdings persisted for the March quarter 2022, it said. Average sector positions went a tad higher in the latest quarter after multiple quarters of decline.
Indian firms earn 72% of revenue from domestic market: Morgan Stanley
Titled 'Global Exposure Guide 2021', the report showed that 18.7 per cent of the revenue comes from developed economies and 9.3 per cent from the emerging market economies. It noted that Taiwanese, Saudi Arabian, Hong Kong, Singaporean, South African, and Mexican companies derive more than half of their revenue from foreign markets.
ITC has exited a painful decade: Morgan Stanley
In a research note, Morgan Stanley said that it expects cigarette tax regulations to be benign relative to the 150 per cent increase seen in 2010-19. The tax increases could be similar to the 80 per cent seen in 2001-09, and over the next few years, could echo the 2003-07 period when economic growth was strong and tax increases were reasonable.
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