HDFC Bank Ltd., India's most-valued private sector bank, is also the most recommended stock by analysts globally.
As many as 49 analysts tracked by Bloomberg have a ‘buy' rating on the lender.
In fact, four of the five most-favoured stocks worldwide are Indian companies. Maruti Suzuki Ltd. has 45 ‘buy' ratings, followed by IndusInd Bank Ltd. at 44, and Infosys Ltd. and ICICI Bank Ltd. with 42 each.
The only non-Indian stock in the top five is Facebook, Inc. with 43 analysts rating it a ‘buy'.
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