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Top brokerage calls for May 20: CLSA, Credit Suisse, Morgan Stanley expect post-election rally after exit polls show Modi's return

Updated : May 20, 2019 08:09 AM IST

CLSA believes market sentiment could improve considerably after exit polls indicate 300+ seats for the BJP-led NDA. The brokerages top picks are ICICI Bank, Axis Bank, HDFC and Godrej Properties.
Nomura expects near-term growth risks to remain, with gradual recovery towards Q4CY19.
Morgan Stanley believes that if the exit polls are right then the Indian equities will stage a robust rally.
Top brokerage calls for May 20: CLSA, Credit Suisse, Morgan Stanley expect post-election rally after exit polls show Modi's return

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