The Indian stock market has seen great growth in the last one year. Many stock prices hit their all-time high this year. At the same time, many gave Multibagger Return during this period. Since last Diwali Samvat till this year, the market cap of Nifty companies has increased by Rs 51 lakh crore. At the same time, the market cap of BSE companies increased by Rs 111 lakh crore during this period. The biggest gain was given in the shares of banking and IT companies.
Brokerage firm Reliance Securities said in a note, “Despite all the challenges arising out of the corona epidemic, the past one year has been great for stock market investors. Increase in economic activity, decrease in corona cases and increase in consumer consumption There are indications that this momentum will continue in the coming year.”
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On the occasion of Diwali, the stock market will be open for “Muhurat Trading” for one hour from 6:15 PM-7:15 PM today. It is believed that trading during the Muhurta trading session brings success and prosperity for the investors throughout the year. Brokerage firms Reliance Securities and Prabhudhar Lilladher have given buying advice on 5-5 stocks on this occasion, which according to them can give strong earnings in the next one year.
Reliance Securities Top Stock Picks for Muhurta Trading 2021
Binod Modi, Strategy Head, Reliance Securities, has suggested 5 stocks to buy for Samvat 2078, which “can generate strong earnings in the next one year”.
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Ashok Leyland
CMP: Rs 141 | Target Price: Rs 170 | Return Potential: 21 percent
Gujarat Gas
CMP: 594 | Target Price: Rs 967 | Return Potential: 63 percent
HCL Technology
CMP: Rs 1,152 | Target: Rs 1,480 | Return Potential: 28 percent
Infosys
CMP: Rs 1,704 | Target: Rs 2,120 | Return potential: 24 percent
Kalpataru Power
CMP: Rs 428 | Target: Rs 678 | Return potential: 58%
Prabhudhar Lilladher Ka Muhurta Trading Top Stock Picks for 2021
Prabhudhar Lilladher said that it has selected some stocks from NSE cash segment which are looking technically sound and can give 20 to 30 per cent returns by next Diwali.
Apollo Hospitals
CMP: Rs 4,267 | Entry Price: Rs 4,267-4,000 | Target Price: Rs 5,200-5,400 | Stop Loss : Rs 3,850
Cummins India
CMP: Rs 875 | Entry Price: Rs 875-830 | Target price: Rs 1,150-1,240 | Stop Loss: Rs 800
Federal Bank
CMP: Rs 102 | Entry Price: Rs 102-95 | Target price: Rs 130-140 | Stop Loss: Rs 90
Hindustan Oil Exploration
CMP: Rs 181 | Entry Price: Rs 181-165 | Target price: Rs 230-245 | Stop Loss: Rs 160
Mahindra & Mahindra Limited
CMP: Rs 894 | Entry Price: Rs 894-840 | Target price: Rs 1,100-1,180 | Stop Loss: Rs 820
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