Few investors want to buy stocks, brace for a bad June: Morgan Stanley
By Prashant R Nair | Published On: June 06, 2012 12:30 (IST) | Duration: 22 min, 27 sec
Ridham Desai, MD & Head of India Equity Research, Morgan Stanley India tells NDTV that the mood of investors is very somber currently. "Although the valuations are cheap, few want to buy as macros seem tough," he adds. Desai also spoke about current account deficit, slowdown in GDP and India's growth story.