BOFA Merrill said their Model Portfolio looks as under,
The model portfolio continues to be a mix of (a) rupee sensitives (software and pharma), (b) domestic economic plays, like autos, private banks and reform plays, like government oil companies and (c) small exposure to deep cyclicals, which include beaten-down infra names and government banks. A strong government will lead to a bigger tilt toward domestic plays, while a weak coalition will lead us to tilt toward software and pharma names.
Top Buys: ICICI Bank, Lupin, Maruti, TCS, ONGC
