What are ‘Modi stocks’? Global brokerage CLSA has this to say on these 'outperformers' ahead of Lok Sabha election results

'Modi stocks' go beyond the usual market leaders and include 54 companies within the F&O universe, says global brokerage firm CLSA. Half of these companies are PSUs, and the list features names such as L&T, NTPC, NHPC, PFC, ONGC, IGL, Mahanagar Gas, Bharti Airtel, Indus Towers, and Reliance Industries (RIL).