Remain overweight on India: Timothy Moe

The buy-rated stocks that are on our conviction list include HDFC Bank and Yes Bank in India, says Timothy Moe, Goldman Sachs.

October 05, 2016 / 09:34 IST

26 Aug, 2025 12:21

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Timothy Moe, Goldman Sachs said, "We remain overweight India as cyclical upturn and profit recovery appears underway. We expect Indian corporate earnings to grow 10 percent this year and 14 percent next year, highest within the region.""Stocks with a high proportion of US revenues may underperform. The buy-rated stocks that are on our conviction list include HDFC Bank and Yes Bank in India," he added.

first published: Oct 5, 2016 09:34 am

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