Top stock ideas from CLSA, Motilal Oswal, Edelweiss after corporate tax cuts
Updated : 2019-09-24 15:09:03
Benchmark indices BSE Sensex and NSE's Nifty 50 have surged over 8 percent the last two sessions after finance minister Nirmala Sitharaman reduced corporate tax rates for domestic companies and new manufacturing firms. Industry leaders and analysts have called the move a structural reform that will improve investor sentiment and propel economic growth. Many brokerages have revised their stock strategies and index targets following the tax reforms. Here are the top stock ideas recommended by brokerages CLSA, Motilal Oswal, Edelweiss, Credit Suisse and Prabhudas Lilladher.