So far in 2023, Nifty is down 2.8% amid selling by FIIs. However, ahead of the Union Budget 2023, brokerage firm Sharekhan by BNP Paribas is bullish on some stocks. The brokerage firm believes that stocks like Axis Bank, SBI and M&M will provide good opportunities to investors. Here is a list of 8 large and midcap stocks that can rally up to 36%, according to Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas:
Banks continue to garner FCNR deposits at a brisk pace
Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial foreign currency deposits. The