India’s rising economic prominence is attracting international investors, with mega-cap companies like Reliance Industries and HDFC Bank increasingly appearing in global indices. The brokerage noted that as more Indian companies are included in international investment indices, foreign capital inflows are expected to grow, enhancing liquidity and strengthening overall market dynamics.
ICICI Bank, SBI among top picks which could give over 20% returns in 2025
Despite challenges in unsecured retail and microfinance segments, the banking sector’s outlook remains positive, supported by robust fundamentals and operational efficiency. Credit growth for FY25
January 4, 2025