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MANISHI RAYCHAUDHURI : Feeling Slightly Circumspect About The Indian Markets MANISHI RAYCHAUDHURI : May See Some Earnings Upside In H2FY18 MANISHI RAYCHAUDHURI : Many Investors Will Find A Better Buying Opportunity Post Some Correction

India Part Of The ‘Fragile Five’: Morgan Stanley

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September 26: Morgan Stanley’s Ridham Desai says that corporate India is now grappling with higher interest costs, and risk defaults which could hit banks. Global investors have been going up and down in their view on India, he says. India is now part of the 'Fragile Five' countries, which need to reduce their global dependence for funding deficit, he says, adding that this group needs to accelerate the reduction in CAD, which adds to growth risks.