BNP Paribas continues to prefer financial services, information technology and telecom, while having added logistics in its outperformance space. It expects consumer staples, pharma and autos to underperform given their rich valuations. Here are a few stocks from its top India picks that can rise over 20%. Take a look:
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not