- Inflation in January eases to 8-month low of 5.05 pct on cheaper vegetable pricesMarkets to see volatility amid F&O expiry, GDP dataMarket Capitalisation: Infosys, TCS, Reliance and six other companies add Rs 1,14,806 crHDFC Mutual Fund set to launch 'HDFC Debt Fund for Cancer Cure 2014'
banks. However, we also recommend investing in stocks having strong balance sheets and ethical managements in beaten-down 'domestically-oriented' and 'investment-led' sectors. A favorable political outcome will lead to out-performance from these sectors / stocks vis-a-vis the markets.
Key risks to our recommendation are political uncertainty, geo-political concerns globally (Russia/Ukraine), decline in foreign inflows, sharp currency depreciation and spike in oil prices.
By Dipen Shah, Head- Private Client Group Research, Kotak Securities