India's economy will see the fastest dollar nominal growth in the world in 2015, Credit Suisse said on Monday. Given the country's growth outlook, equity market is not expensive in both absolute and relative terms, it added.
The bank also said Indian market is likely to see strongest earnings growth among Asian peers, and even globally.
The bank named Gujarat Pipavav Ports Ltd, Havells India Ltd, HCL Technologies, HDFC Bank, Kajaria Ceramics, Maruti Suzuki India and Sun Pharmaceutical Industries as its top buys.
While Bharti Airtel, Bharat Heavy Electricals Ltd, State Bank of India and Tata Steel were its least preferred stocks
Copyright: Thomson Reuters 2014
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