Nifty valuations hit 4-year low: CLSA reveals 14 picks; banks lead, tech gets 1 spot
CLSA retained its 14-stock India Focus portfolio after the September-quarter sell-off, which pushed Nifty valuations near four-year lows. Banks are its largest exposure, alongside consumption and real estate. The basket spans domestic-growth, technology and commodity-linked companies. Though it lagged the Nifty by 1.7 percentage points in the quarter.