Five Of 10 Most Sought-After Stocks Are Indian

As many as 49 analysts tracked by Bloomberg have a ‘buy’ rating on HDFC Bank.

Stock brokers watch a computer screen. (Photographer: Luis Enrique Ascui/Bloomberg News)

HDFC Bank Ltd., India’s most-d private sector bank, is also the most recommended stock by analysts globally.

As many as 49 analysts tracked by Bloomberg have a ‘buy’ rating on the lender.

In fact, four of the five most-favoured stocks worldwide are Indian companies. Maruti Suzuki Ltd. has 45 ‘buy’ ratings, followed by IndusInd Bank Ltd. at 44, and Infosys Ltd. and ICICI Bank Ltd. with 42 each.

The only non-Indian stock in the top five is Facebook, Inc. with 43 analysts rating it a ‘buy’.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
WRITTEN BY
S
Sagar Salvi
Sagar is Senior Editor at BQ Prime. He has 15 years of experience in journa... more
GET REGULAR UPDATES