ICICI Bank, L&T on Jefferies’ list of 25 top stocks to buy; Wipro gets ‘underperform’ tag

India's Nifty has gained 7.4% on a quarter-to-date basis, with auto stocks leading the upward momentum followed by IT, FMCG and financial stocks. Jefferies has identified 25 stocks in which investors should buy, having predicted that large-cap banking and financial services stocks will be most bullish. The list includes Bajaj Finance, HDFC Life, ICICI Bank, IndusInd, L&T, Reliance Industries, Sun Pharma, Tata Motors and Zomato. Jefferies also offered advice on stocks investors should avoid, with Wipro...