3 Large Cap Finance Stock Ideas From Motilal Oswal For 2021

The Indian stock market has made a spectacular recovery from its March lows. A pick-up in the pace of economic growth after COVID-19 outbreak, vaccine development and positive global market cues have push BSE's Sensex and NSE's Nifty to new all-time highs.

On Thursday, Sensex stretched its winning streak to the fifth day, rising 224 points while Nifty ended above 13,700, led by HDFC, HDFC Bank, TCS, RIL and Bajaj Finance.

The bullish sentiment prevailing in the market have investors looking to pick up any lost opportunity. As the year comes to an end, respected Indian brokerage Motilal Oswal Financial Services Limited in its latest report said that it expects emerging markets to see upgrade cycle and liquidity flows in 2021 as the economic indicators turn positive.

It stays 'Overweight' on IT, BFSI, Healthcare, Telecom and Auto, and has maintained 'Neutral' rating on Consumer.

While it has picked names from various sectors as its bets for the coming calendar year 2021, here are Motilal Oswal's top large caps picks in the finance and banking sector:

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