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HDFC Bank to RIL: 12 stocks on Jefferies’ radar as FIIs pump $8.2bn in India since mid-Oct

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Jefferies identified 12 large-cap stocks, including HDFC Bank and Reliance, as potential beneficiaries of renewed FII inflows. Since mid-October, FIIs have pumped $8.2 billion into India. The bank notes large cap valuations are reasonable, though FPI ownership in the BSE 500 has hit a 10-year low of 17.3%.

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