New Delhi, March 19 -- The Indian stock market currently has limited pockets of value, with only a few corporate banks and non-banking financial companies (NBFC) along with most public sector undertaking (PSU) stocks offering meaningful value, a report said on Tuesday.
The report comes at a time when the overall sentiment is upbeat and key equity indices, Sensex and Nifty, are approaching their respective all-time high, with financial stocks being the most favoured ones.
"We do not find meaningful value in most parts of the market barring certain financial stocks and PSUs after the recent strong performance of several stocks across the capitalisation spectrum," the Kotak Institutional Equity report said.
According to the report, the rece...