MARKET EYE-Morgan Stanley adds more energy to India model portfolio

Fri Feb 1, 2013 1:51pm IST

Related Topics

Stocks

   

* Morgan Stanley raises weightage of energy stocks in its India
model portfolio to 3 percent, while cutting 1 percent each from
consumer staples and discretionary stocks.
*"Energy appears to be on a path of structural change whereas
consumer staples face cyclical headwinds from fiscal
consolidation," says Morgan Stanley in a report. 
* The bank also adds Bank of Baroda, Crompton Greaves
 and Oil and Natural Gas Corp to its focus
list, while removing ACC Ltd, Jubiliant Foodworks
 and Cox & Kings, reflecting changes in its
analyst opinion. 
* In its mid-cap list, Morgan Stanley replaces Marico Ltd
 with Dabur India.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Everest Tragedy

Everest Tragedy

Search ends for missing on Everest, some Sherpas call for shutdown.  Full Article 

Ukraine Crisis

Ukraine Crisis

Deadly gun attack in eastern Ukraine shakes fragile Geneva accord.  Full Article 

Hamilton Wins

Hamilton Wins

Lewis Hamilton wins Chinese GP in Mercedes one-two.  Full Article 

Monte Carlo Masters

Monte Carlo Masters

Wawrinka beats Federer to win Monte Carlo Masters.  Full Article 

Happy Easter

Happy Easter

Pope presides at Vatican Mass leading Catholics into Easter.  Full Article 

Box Office

Box Office

'Captain America' soars again, tops 'Rio 2' to win U.S. box office.  Full Article 

Bollywood

Bollywood

Movie Review: 2 States.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage