For Disclosures and Disclaimers: LTIMindtree Ltd. – http://geoj.it/m8MhKJ and Tata Consultancy Services – http://geoj.it/ivce2OFor Disclosures and Disclaimers: HDFC Bank – http://geoj.it/cSIiWP and Polycab India Ltd – http://geoj.it/rEmdch
India will underperform in the medium term due to Foreign Institutional Investors (FIIs) selling and premium valuations compared to its emerging market (EM) peers. However, we feel that it is a good time to consider stock ideas in the small caps category with value buying as the theme.