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Friday, December 20, 2024 | 03:15 PM ISTEN Hindi

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Planning to reshuffle your portfolio? These 5 stocks may pump up gains

ITC, Varun Beverages, TVS Motor Company, Coromandel International and Hindustan Aeronautics can rally up to 25 per cent, technical charts suggest

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
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Shares of listed companies trading around higher territories - close to 52-week high or all-time highs, having little or no impact of the overall bearishness and are preferred on the charts

Avdhut Bagkar Mumbai
Global equity markets have been in turmoil lately, with major US indices plunging as much as 20 per cent from their historic highs. Similarly, Indian equities, too, have witnessed relentless selling pressure with the benchmark indices 16 per cent lower from October 2021 peaks.

While several stocks seem to have entered a bear phase, select stocks continue to buck the trend, offering opportunities for a portfolio reshuffle.

Technically, shares trading at higher territories, i.e. either closer to 52-week highs or all-time highs, suggest that the stocks have witnessed little or no impact of the overall bearishness. 

Five such stocks, including

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