Citi and Morgan Stanley Highlight Upside Potential in GAIL, Insurance Majors, and Coforge.
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TL;DR
Citi and Morgan Stanley see upside in GAIL India, insurance majors, and Coforge, citing strong growth and market-share gains despite regulatory concerns.
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CitigroupMorgan StanleyCitiGAIL IndiainsuranceCoforge
Citi and Morgan Stanley have highlighted fresh upside in GAIL India, insurance majors, and Coforge. Citi reiterated its bullish stance on GAIL India despite regulatory noise, while Morgan Stanley flagged another month of robust growth for India's life insurers. The brokerages cited strong APE trends and market-share gains for top private players.
