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Stocks to buy in Samvat 2073

Here is a compilation of the top stocks leading research houses and brokerages have recommended for Samvat 2073

Stocks to buy in Samvat 2073

Indian businessmen sit beside their accounts books and electronic gazette as part of a ritual to worship the Hindu deity of wealth Goddess Lakshmi on Diwali in Ahmedabad.

Puneet Wadhwa New Delhi
Markets have been volatile in Samvat 2072 and saw a gain of around 10%. Among sectors, the S&P BSE Metal, oil & gas, consumer discretionary, auto, realty and banking indices have been among the key gainers, while telecom, information technology (IT) and healthcare indices lost ground.

Also Read: From TeamLease to PNB Housing: How IPOs have fared in 2016

In the past six years – from Samvat 2066 (calendar year 2010) – when the Nifty50 index surged nearly 23%, the markets have seen positive returns on four other occasions with the benchmark indices rallying between 9% - 27%. On two occasions, however, they ended weak.
 
Though analysts caution that markets are likely to remain volatile in Samvat 2073, they say outcome of the US Presidential elections; strategies adopted by the global central banks; corporate earnings growth in India; commodity prices, especially crude oil; and the progress on reforms, including tackling geopolitical concerns are some of the key factors that will have a bearing on the overall market sentiment.

Also Read: 5 factors that can impact markets in Samvat 2073

Here is a quick compilation of the top stocks that leading research houses and brokerages have recommended for Samvat 2073.

ANGEL BROKING
Stock Target Price (Rs)
Axis Bank 630
Dewan Housing 350
Equitas Holdings 235
Amara Raja 1218
Asian Granito 351
Bajaj Electricals 306
Blue Star 634
Mirza International 113
Siyaram Silk 1714
HCL Tech 1000
Infosys 1341
Jagran Prakashan 225
TV Today 363
BEL 1414
Mahindra Lifespace 522
Navkar Corp 265

Also Read: I foresee China as the next big bull bet: Shankar Sharma

KOTAK SECURITIES
Stock Target Price (Rs)
Allcargo Global 215
Dish TV 110
Engineers India 335
Finolex Ind 530
L&T 1636
M&M 1541
Mold-Tek Packing 260
Nagarjuna Construction 106
Natco Pharma 750
PNC Infratech 157
TV 18 Broadcast 56
 
ICICI SECURITIES
Stock Target Price (Rs)
Exide Ind 240
India Cements 190
HDFC Bank 1500
Jubilant Life Sciences 795
MRPL 110
Philips Carbon Black 300
Tech Mahindra 525


 
MOTILAL OSWAL
Stock Target Price (Rs)
HDFC Bank 1500
LIC Housing 748
Shriram City Union Fin 3000
Bharat Electronics 1450
Amara Raja 1257


SHAREKHAN

State Bank of India (SBI), RBL Bank, L&T Finance, Natco Pharma, Kansai Nerolac, Finolex Cables, Wonderla Holidays, TVS Motor, Rico Auto, Zee Entertainment


RELIANCE SECURITIES
Stock Target Price (Rs)
Aurobindo Pharma 981
HDFC Ltd 1560
JK Lakshmi Cement 550
Persistent Systems 790
Pidilite Ind 832


IDBI CAPITAL
Stock Target Price (Rs)
Arvind 525
Nilkamal 2350
Zee Entertainment 642
NBCC 320
AIA Engineering 1271
Persistent Systems 860
Coromandel Int 367




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First Published: Oct 30 2016 | 3:56 PM IST

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