BSE mid and smallcap indices surged over 5% year-to-date amid strong Q4 earnings and persistent buying by FIIs. Amid this backdrop, domestic brokerage Motilal Oswal is bullish on financial, auto, and leisure & hospitality stocks. Motilal’s top picks include Ashok Leyland, Indian Hotels, Jubilant FoodWorks and Poonawalla Fincorp.Here is a list of 10 top preferred mid & smallcap stocks from Motilal Oswal:
RBI’s next interest rate cut action likely in December
Reserve Bank of India may keep interest rates steady in August. However, further reduction is expected later this year. This follows a larger-than-expected cut aimed