Kets Top 5 Stock Picks by Global Bro­ker­ages for 12 Months

The Economic Times - - Companies -

timesin­ter­ ETMar­ The do­mes­tic stock mar­ket reg­is­tered dou­bledigit growth in March but the mo­men­tum may fiz­zle out if the Re­serve Bank of In­dia (RBI) fails to de­liver the much-awaited rate cut today. Mean­while, stock-spe­cific ac­tions are likely to con­tinue. Here are the top five rec­om­men­da­tions from global bro­ker­age firms for a min­i­mum in­vest­ment pe­riod of 12 months: CLSA down­graded Maruti Suzuki In­dia to out­per­form from buy. But it sees Maruti to gain mar­ket share. “We like Maruti on a 2-3-year view but see mod­est up­side in next 12 months,” said a CLSA note.

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