Top picks: Angel One picks 6 stocks with a potential upside of 30-68%

After a strong recovery of 9% in July 2022, the Indian markets remained in positive territory, posting gains of 3.5%. In a note, Angel One believes that India is in a relatively stronger position versus global peers that are experiencing high inflation and lower growth. Moreover, strong fundamentals and external position are expected to drive further investments and cushion India from external shocks added Angel One. Though the upside may be limited in the near term, the long-term prospects remain intact, predicts the brokerage. Let's look at its top picks that can give between 30-60 percent upside: