Credit Suisse: Indian econ to see fastest 'USD nominal growth' in world in 2015

India's economy will see the fastest USD nominal growth in the world in 2015, says Credit Suisse.

fb_admin December 08, 2014 17:07:19 IST
Credit Suisse: Indian econ to see fastest 'USD nominal growth' in world in 2015

India's economy will see the fastest USD nominal growth in the world in 2015, says Credit Suisse . Given growth outlook, equity market is not expensive in both absolute and relative terms, it adds.

Credit Suisse Indian econ to see fastest USD nominal growth in world in 2015

Reuters

Indian market is likely to see strongest earnings growth among Asian peers, and even globally, bank says.

Top buys: Gujarat Pipavav Ports Ltd, Havells India Ltd, HCL TechnologiesHDFC Bank, Kajaria Ceramics, Maruti Suzuki Indiaand Sun Pharmaceutical Industries.

Least preferred stocks: Bharti Airtel, Bharat Heavy Electricals Ltd, State Bank of Indiaand Tata Steel.

Reuters

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