Zomato, Tata Motors, Lupin as top large-cap picks for Emkay Institutional Equities

Emkay Institutional Equities, a part of Emkay Global Financial Services Limited, is overweight on discretionary, real estate, and healthcare stocks, while remaining neutral on industrials, IT, and energy. It is, however, underweight on financials, staples, and materials stocks ‘due to structural concerns and valuation pressures’.

In stock analysis, the term ‘overweight’ refers to a stock that is expected to outperform others in its sector, while ‘underweight’ is used when the opposite is expected.