Stock market: Three sectors Morgan Stanley’s Ridham Desai is on the rise

Stock market: Three sectors Morgan Stanley’s Ridham Desai is on the rise

Domestic investors have outpaced foreign portfolio investors (FPIs) in the Indian market for the first time in over a decade. Recent macroeconomic risks have led to a sharp sell-off by foreign investors in the market, while domestic investors combined with mutual funds and stocks have seen strong growth. Morgan Stanley said domestic ownership rose by…