Indian equities have already seen net FII inflows of USD 13 billion in 2014 and tipped to touch USD 20 billion by end of this year.
. With inflation expected to moderate, and the new government taking several steps to kick-start stalled growth, the brokerage – IIFL has selected 12 large-cap stocks, which it believes are extremely attractive even at current levels . These 12 recommendations manifest IIFL sectoral preference for domestic cyclicals (financials, auto, infra, etc) and a more cherry-picking approach within other sectors, Each of these 12 large caps can potentially deliver 35‐45 percent returns over a period of two years.
| Target price over 2 years | CMP as on 28-Aug-14 | Potential Upside | |
| HCL Technologies | 2202 | 1626 | 35% |
| Hindustan Zinc | 230 | 165 | 39% |
| ICICI Bank | 2125 | 1557 | 36% |
| InducInd bank | 811 | 581 | 40% |
| ITC | 486 | 356 | 37% |
| L&T | 2120 | 1525 | 39% |
| Lupin | 1750 | 1287 | 36% |
| Maruti Suzuki | 3800 | 2784 | 36% |
| Motherson Sumi | 500 | 371 | 35% |
| Power Grid | 187 | 129 | 45% |
| Reliance Industries | 1000 | ||
| Tata Steel | 728 | 513 | 42% |
Disclaimer: These views are not expressed by our site and should not be treated as any financial investment recommendation. We have just collated data from available public sources.