While the pace of foreign institutional investor (FII) selloff has reduced, Mishra believes that 'maintaining' this pace and a gradual reduction is more important for the markets.

Motilals top large-cap picks include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), HCL Technologies, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Power Grid Corporation, Titan ...