Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, on Tuesday said the financial sector is attracting a lot of foreign capital into the Indian market and that India's economy is poised to grow faster than most global peers.

Sharing his top stock picks, Kant said, " Industries (RIL), which we think is fairly undervalued, particularly its retail division, is trading at about two times sales. Similar companies in the same segment are trading at around six times sales. Moreover, the new energy and AI-driven businesses are yet to be factored into RIL's valuation. These could act as multiple triggers for the stock over the next two years." Advertisement

On the banking front, he said, " (BoI) from the public sector banking space has been one of our preferred picks for quite so

See Full Page