Credit Suisse has launched a new Indian midcap product, says valuations, as a group, are in "neutral territory."
* Initiates coverage of tea producer McLeod Russel India and travel company Cox and Kings with "outperform" ratings, citing growth, cash flows, and valuations.
* Other buy ideas in midcap space include: Ashok Leyland, Gujarat Pipavav Port, Hexaware Technologies, ING Vysya Bank, Max India and MindTree.
* Sell ideas include Lanco Infratech and Petronet LNG.
* BSE's Midcap Index has gained 21.6 per cent in 2012 against BSE Sensex 10.8 per cent gain as of Thursday's close.
Copyright Thomson Reuters 2012
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
