11 Top Stocks To Buy From Large Cap Space As Chosen By Motilal Oswal

The reputed brokerage firm Motilal Oswal has come up with its month on month Bulls and Bears report. Bulls and Bears report i.e. a valuation report suggests that the Nifty trades at a 12-month forward P/E of 18.7x, at a 4% discount to its LPA. P/B, at 2.9x, is at an 11% premium to its historical average. The 12-month trailing P/E for the Nifty, at 22x, is at a 4% premium to its LPA of 21.1x. At 3.2x, Nifty's 12-month trailing P/B is above its historical average of 2.9x - at a 14% premium.

11 Top Stocks To Buy From Large Cap Space As Chosen By Motilal Oswal

Furthermore, as per the company's report nearly half of the sectors are trading close to their historical averages.

The brokerage further adds that there is seen more value in large-caps than mid-caps given the relative valuation equation.

That said, we reiterate earnings delivery is crucial for markets to hold, in an adverse milieu of volatile and challenging macro.

Top ideas: Largecaps: Reliance Industries, Infosys, ICICI Bank, SBI, Bharti Airtel, Titan Company, Ultratech Cement, M&M, Hindalco, Godrej Consumer, and Apollo Hospitals.