As new year is about to come and thus a number of brokerage houses have come with buy or sell recommendations for the stocks and prominent ones are as listed below: CLSA’s top buys are ICICI Bank, IDFC, Infosys, Sun Pharma and Tata Steel and its biggest under-perform/sells are DLF, NHPC, Ambuja Cement and Tech Mahindra. UBS INVESTMENT RESEARCH is positive on L&T, Nagarjuna, Lanco, Maruti, Indiabulls Real Estate, Union Bank, ABNL, Tata Power. They are overweight on sectors to include Auto, Telecom, Cement, Real estate and Pharmaceutical. Morgan Stanley is now overweight Energy, Financials and Industrials and underweight Healthcare, Materials, Technology and Utilities.
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