Education: B.Tech in IT from Tier-2
Years of Experience: 1.8
Prior Experience: Product Based MNC
Prev TC: 17 LPA (13 Fixed)
Date of Offer: In Discussion
Company: Morgan Stanley
Title/Level: Senior Associate
Location: Bangalore
Salary: 19 LPA
Bonus: 3 LPA
Total comp (Salary + Bonus + PF): 24 LPA for 1st year
Benefits: Standard Morgan Stanley Benefits

They offered me around 50% hike on my current fixed.
Should I accept the offer or negotiate?