New Delhi, July 3 -- While the Nifty 50 trades at stretched valuations and risks of global growth slowdown, due to trade war triggered by US President Donald Trump's tariff policies, persist, top brokerage firm Motilal Oswal Financial Services remains positive about the Indian stock market, with stock opportunities available across largecap, midcap and smallcap segments.

Given the current volatility, the brokerage firm has a clear bias towards largecaps and domestic plays.

For example, Reliance Industries, Bharti Airtel, ICICI Bank, Indian Hotels, HDFC AMC and BSE are among the stocks in Motilal's model portfolio.

Among the sectors, the brokerage firm is overweight on BFSI, consumer discretionary, industrials, healthcare, IT, and telec...