India stock is upgraded by Morgan Stanley to “overweight,” while China is downgraded to “equal weight.”

A spate of pledges from Beijing to stimulate GDP and revive the country’s ailing private sector have recently helped Chinese assets.Wednesday, Morgan Stanley lowered its rating for Chinese stocks from overweight to equal weight, advising investors to take advantage of a rally sparked by government stimulus commitments and book profits.In contrast, the business noted that India’s macroeconomic indicators are stable and that the country’s economy is on course to grow at a 6.2% annual rate.A spate of pledges from Beijing to stimulate GDP and revive the country’s ailing private sector have recently helped Chinese assets. However, relaxing measures are probably going to happen gradually, according to bank experts, which might not be enough to keep shares rising.