India’s listed banks flagged for stock-buying strategy by analyst

Indian stock-market analyst Sumeet Bagadia has recommended three stocks – namely Shriram Finance, Bharat Electronics and Canara Bank – for Monday following weakness in metal, power and private-bank segments. The broader Indian equity indices had slipped for the second consecutive day despite logging their best monthly performance in seven months, helped by foreign-institutional-investor buying and signs of a corporate-earnings recovery. Investors will watch whether these stock-specific calls outperform amid sector rotations and macro pressures.