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:
India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative