Indian News Expressing its confidence in Indian
equity markets for the year 2015, global investment bank, UBS in its
latest report recommends a target of 9,600 on the Nifty by end-2015,
which presents an upside of nearly 16 per cent from current levels.
We remain bullish on Indian Market equities
for the year 2015 the economic growth recovery is underway will
likely sustain current valuations, especially if it starts
manifesting in both macro and micro
(corporate earnings) data points," said the global investment
bank.
The most preferred stocks from UBS
include names like Asian Paints, Bharti Airtel, HDFC Bank, ICICI
BankBSE -0.17 %, LIC Housing Finance, Maruti Suzuki India, Multi
Commodity Exchange of India (MCX), Oil & Natural Gas (ONGC),
Power Grid, and Reliance IndustriesBSE -0.07 %.
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