India looks attractive in terms of valuations: HSBC

India looks attractive in terms of valuations, analyst expectations and fund flows, says Garry Evans, HSBC

December 07, 2011 / 12:21 IST

Garry Evans, HSBC said that, "Global equity markets will be hostage to political developments in 2012 and markets are likely to oscillate between hope and despair. Indian equities face external and internal headwinds. Policy reforms can help solve the macro problems. India looks attractive in terms of valuations, analyst expectations and fund flows. Our preferred stock ideas are Power Grid, Cairn India & Dr Reddy's."

first published: Dec 7, 2011 07:59 am

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