Business Morgan Stanley India strategy: HDFC twins, ITC and ICICI Bank among top picks Updated : January 16, 2020 01:19 PM IST Morgan Stanley's top value and growth picks comprise Bharti Airtel, ITC, HDFC and HDFC Bank, ICICI Bank, MCX, Motherson Sumi, Gujarat Gas and NTPC. The global brokerage has selected M&M Financials, Shriram Transport, Indian Hotels and BEL among midcap stock ideas.