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Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Calendar year 2024 (CY24) will be a good year for 'quality stocks and bonds', according to analysts at Morgan Stanley. Stocks, they said, have priced in a 'perfect landing' scenario

Japan stocks
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Puneet Wadhwa New Delhi

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Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Both Morgan Stanley and Jefferies in their recent reports, have cited their preference for the Land Of The Rising Sun, which is fast becoming the land of the rising equities, too.

Within the global equity markets, Morgan Stanley’s most preferred region is Japan, although after the rally (that saw Japan's key benchmark - the Nikkei 225 hit a three-decade high), they recommend exposure to corporate reform and nominal reflation themes. Europe, they said, has grown more attractive on the

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First Published: May 18 2024 | 11:07 AM IST

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