RIL, HDFC, Axis Bank, IndiGo, more: List of 12 stocks from Jefferies; shares to gain as FPIs embrace Indian markets
New Delhi, Nov. 11 -- A potential revival in foreign portfolio investor (FPI) flows could put largecap stocks in the spotlight, with companies such as Reliance Industries, HDFC Bank, Axis Bank and Kotak Mahindra Bank emerging as potential beneficiaries.
In a latest report, global brokerage house Jefferies said that it believes largecaps are better placed to attract foreign money because of their higher liquidity and greater FPI ownership, following a prolonged period of overseas investor selling.
The brokerage has identified 12 stocks that could benefit from a reversal in foreign flows: Reliance Industries, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Max Healthcare, JSW Energy, UltraTech Cement, IndiGo, Varun Beverages, Indian Hotels Com...
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