‘Indian stock market poised for rebound in 2026’: Morgan Stanley’s Ridham Desai | HTLS 2025

Morgan Stanley India equities MD Ridham Desai says India is going through a mid‑cycle growth slowdown driven by elections, erratic rains, China policy shifts and the adjustment to the global AI boom, but argues this is temporary rather than structural. He believes key indicators already show growth starting to re‑accelerate and expects India’s expansion to pick up pace from here, reinforcing the broader India growth story.