Few quality stocks that are going to rule the market this year

By Vipin Agnihotri

The India Street loves to give exclusive information to the investors. Find below details of few quality stocks that is going to rule the market in 2008.

Reliance Communication-

Reliance Communications is the leading player in the Indian telecom industry. In my opinion, due to attractive tariffs and offerings across the telecom value chain it has transformed the competitive dynamics of the sector. And with the mobile subscriber base likely to grow at a fast pace, Reliance Communications is going to be a major beneficiary of this growth.

Nestle India-

Nestle India is one of the biggest and most diversified F&B company in India. It is worth mentioning in this regard that it boasts of some of the most established brands, including Maggi, Nescafe, Lactogen, Kit Kat and Milkmaid.

In my opinion, Nestle has a distinct advantage over its competitors in the F&B space on account of its strong focus on developing products around the nutrition, health and wellness platform and a culture of innovation in its offerings.

HDFC-

At this moment of time, HDFC is one of the most sought-after financial conglomerates in India with interests in banking, asset management and insurance through its key subsidiaries. In terms of statistic, HDFC has gained significant market share over the past couple of quarters. Furthermore, the continuous CRR hikes by Reserve Bank of India have also helped HDFC the most, as the company doesn’t need to maintain CRR. In my opinion, core mortgage business of HDFC will grow at 25-30 per cent over the next couple of years.

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