Decisive outcome required for further upside in Indian economy  

April 10, 2014

According to Morgan Stanley, Indian market\'s move relative to emerging markets will continue to occur before the elections rather than after it unless there is a material positive surprise in the outcome

Moneylife Digital Team

The world is about to witness the biggest election in history, which could herald a sea change for India’s economy that has struggled with stagflationary-type conditions over the past few years. "We believe that the outcome of the general elections will be key in determining the pace of reforms. A strong and stable government could accelerate this process, leading to a sustainable improvement in gross domestic product (GDP) growth," says Morgan Stanley in a research note.

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