India to see fastest 'dollar nominal growth' in world in 2015: Credit Suisse

Says Indian equity market is not expensive in both absolute and relative terms

India's economy will see the fastest dollar nominal growth in the world in 2015, Credit Suisse has said.

Given the growth outlook, equity market is not expensive in both absolute and relative terms, it added.

Indian market is likely to see strongest earnings growth among Asian peers, and even globally, the bank said.

It listed its top buys as: Gujarat Pipavav Ports Ltd , Havells India Ltd , HCL Technologies,  HDFC Bank , Kajaria Ceramics , Maruti Suzuki India and Sun Pharmaceutical Industries .

On the least preferred list were: Bharti Airtel, Bharat Heavy Electricals Ltd, State Bank of India and Tata Steel.