Samvat 2075: Here are top brokerage picks this Diwali; buy to gain up to 46% returns

By: |
November 6, 2018 5:03 PM

Samvat 2074 has come to an end, with the headline indices closing the year with gains of up to 8%. While we are at the doorstep of Samvat 2075, here are some stock picks suggested by top Indian brokerages, to invest your money this Diwali 2018.

Samvat 2075, diwali stocksSamvat 2075: The BSE Sensex gained 8% during the year, while the Nifty gained 4% during Samvat 2074.

Samvat 2075: Samvat 2074 has come to an end, with the headline indices closing the year with gains of up to 8%.  The BSE Sensex gained 8% during the year, while the Nifty gained 4% during Samvat 2074 — lower than the gains of the previous two Samvat years — while adding nearly Rs 3.5 lakh crore to its market capitalisation. In contrast, the broader markets bled during the year, with the Nifty small-cap index plunging over 20% and the mid-cap index down over 7.8%. Among the sectoral indices, IT, capital goods, consumer durables, FMCG and energy shares gained, while realty and metals were the losing sectors during Samvat 2074.

Also read: Samvat 2075 — Here are Rakesh Jhunjhunwala’s top picks this Diwali

While we are at the doorstep of Samvat 2075, here are some stock picks suggested by top Indian brokerages, to invest your money this Diwali 2018:

 

Anand Rathi: Diwali picks 2018

STOCKTARGET (rs/share)UPSIDE
Sundram Fasteners1,47146%
Indraprastha Gas31927%
HDFC Bank242026%
Asian Paints1,47123%
L&T Technology2,04222%
JSW Steel Ltd.40619%

IIFL: Picks for Samvat 2075 (Source: CNBC TV18)

STOCKTARGET (rs/share)UPSIDE
MindTree108134%
Mphasis132829.80%
Reliance Industries131025%
Petronet LNG25620%
Motherson Sumi29320%
Aarti Industries151720%
Biocon76819%
Kotak Mahindra Bank138017%

Axis Direct: Technical picks for Samvat 2075

STOCKTARGET (rs/share)UPSIDE
Aditya Birla Fashion & Retail20822%
Bata India109022%
ICICI Bank41022%
Gujarat Fluorochemicals102021%
Infosys77521%
Tata Global23720%
Escorts69220%
Dr Reddy’s Lab273515%

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