In an article in ET, Dr Vikas V Gupta of Arth Veda has given several reasons why the stock markets will remain buoyant in 2015. He says that there will be a strong improvement in the fundamentals with a potential re-rating.
He adds that the earnings growth are expected in the range of 25-30 per cent over the next 5 years.
Based on the idealogy of value investing, Dt. Gupta has identified 10 large-cap and mid-cap stocks which he believes are low risk owing to high mis-pricing. He states that these stocks have solid fundamentals and are fairly undervalued with respect to their intrinsic values:
2) Coal India
4) Tata Motors
5) HCL Technologies
7) Hindustan Zinc
8) Engineers India