Infosys among JP Morgan’s toppers, India to benefit

The massive restructuring efforts of Japanese companies will buoy that country’s economy and makes for attractive stock investment opportunities, J P Morgan’s global equity strategist said on Tuesday. ‘‘We’ve liked Japan for a long time,’’ Abhijit Chakrabortti said. Japan was likely be a top pick for the next two years.

Chakrabortti said India was benefiting from the outsourcing of financial services jobs from the US. Investors should buy into India’s consumer sector to profit from the economic boost the new jobs provided, he said.

Among JP Morgan’s top picks in Asia were Hang Seng Bank, the Hong Kong arm of HSBC Holdings Plc, Thailand’s Siam Cement and India’s Infosys Technologies Ltd.