BNP Paribas lists 8 large domestic stocks with potential to beat Sensex

BNP said these companies are benefitting either through cost savings by the adoption of work from home (WFH) or by higher revenue growth

French brokerage BNP Paribas has coined the term ‘Bharath’ representing 8 large domestic stocks that have the potential to outperform the benchmark Sensex over the next one-year period.

The stocks in this basket are Bharti Airtel, HDFC Bank (and HDFC Life), Asian Paints, Reliance Industries (RIL), Tata Consultancy Services (TCS) and Hindustan Unilever (HUL).

BNP analysts say these are companies with business models that could reach about a billion people. “We think such a reach enables them to withstand difficult business cycles and come out stronger as competition around them struggles. The companies within our coverage in the Bharath list