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Jul 16, 2012, 06.31 PM IST
Deutsche Bank remains tactically bullish on Indian shares and recommends investors add risk, after last month upgrading the country's stocks to "buy."
Deutsche says current rally to continue on hopes for policy reforms after presidential elections on Thursday, lower oil prices, and "attractive" valuations.
The investment bank says best stocks to participate in rally are: Tata Steel Despite recent record share prices among Indian consumer stocks, Deutsche says stay invested, given the government's focus on 'inclusive' growth could intensify ahead of general elections in 2014.
Key beneficiaries should be Mahindra and Mahindra However, Deustche cites risk the government will not be too aggressive with policy reforms ahead of those elections.
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