News > Stocks to avoid: UBS puts 5 stocks in ‘least preferred’ list, says market set to take long pause

Stocks to avoid: UBS puts 5 stocks in ‘least preferred’ list, says market set to take long pause

Global research house and investment banking major UBS AG in a report on Monday suggested that the spring of the Indian market may be over and a dry and harsh winter may follow.

There is one bank that the research house is not bullish on: Kotak Mahindra Bank. The Uday Kotak-led lender, along with Havells India, HCL Tech, Indus Towers and JSW Steel are five stocks that UBS is bearish on.