New Delhi, April 12 -- Shares of Wall Street investment bank major Morgan Stanley have risen 13 per cent in the last five sessions over robust sentiment of its quarterly earnings performance.

Morgan Stanley beat first-quarter profit estimates on Friday, helped by record equity trading and strong wealth management results, while its CEO expressed more optimism about dealmaking than his counterparts.

The investment bank reported record equity trading revenue, with a 45% jump from a year earlier, reflecting increases across businesses and regions, particularly in Asia, with its biggest gains in prime brokerage and derivatives.

As uncertainty over sweeping U.S. tariffs roiled markets, some transactions in Morgan Stanley's deal pipeline wer...