Top brokerage calls for December 16: Morgan Stanley 'overweight' on Sun Pharma; Nomura raises TP for IndusInd Bank
Updated : December 16, 2019 08:16 AM IST
Indian shares are likely to open on a cautious note on Monday following mixed trades in global markets and amid concerns about the economic slowdown. However, positive development on the US-China trade deal may support equities. Among brokerages, Morgan Stanley is 'overweight' on Sun Pharma, while Credit Suisse is bullish on IndusInd Bank.