Diwali Muhurat Trading Stocks 2020: New Samvat 2077 will begin with this Diwali Muhurta Pujan. Samvat 2076 has been full of ups and downs for the market. However, from last Diwali to this Diwali, the stock market has given about 10 per cent returns to investors. There has been a lot of fireworks in the market before Diwali and it has reached its all-time high by defeating the corona epidemic. Experts of the market are assuming that the new Samvat i.e. Samvat 2077 is going to prove better for the investors of the stock market. He says that this year also investors can get double-digit returns. There are many such factors, which are telling that there is a boom in the market ahead. Here we are giving information about some stocks quoting brokerage house, which you can keep an eye on during Muhurat trading. These shares can make money on you in a year.
These big things in favour of market
- In the past, the way reforms have been done to revive the economy. The government has announced a major relief package 3 times.
- This will benefit the industry.
- RBI’s measures to increase liquidity are also going on.
- The government is focused on increasing employment through infra sectors.
- At the same time, there is an attempt to increase demand through relief package.
- With the impact of Covid 19 decreasing, companies are seeing improvement in their earnings.
- Working capital and cost management are good.
- Interest rates are also at lower levels.
- Crude prices in the international market also remain stable.
All these factors can give a new direction to the market in the new year. Anyway, there has been a benefit of reforms in the past and the effect of this is that the market has also crossed its January high.
Keep an eye on these shares …….
Godrej Consumer Products
Target: Rs 900
Current Price: Rs 688
Return: 31 percent
L&T
Target: Rs 1362
Current Price: Rs 1059
Return: 29 percent
ACC Limited
Target: Rs 1905
Current Price: Rs 1674
Return: 14 percent
IDFC First Bank
Target: Rs 48
Current Price: Rs 34
Return: 41 percent
IRCTC Limited
Target: Rs 2000
Current Price: Rs 1374
Return: 46 percent
* Advice: Ventura Capital
ICICI Bank
Target: Rs 700
Current Price: 476
Return: 51 percent
Airtel
Target: Rs 710
Current Price: Rs 472
Return: 50 percent
State bank of India
Target: Rs 300
Current Price: Rs 220
Return: 37 percent
SBI Life Insurance
Target: Rs 1100
Current Price: Rs 808
Return: 36 percent
L&T
Target: Rs 1300
Current Price: Rs 965
Return: 35 percent
Britannia Industries
Target: Rs 4680
Current Price: Rs 3548
Return: 32 percent
Infosys
Target: Rs 1400
Current Price: Rs 1136
Return: 23 percent
Ultratech cement
Target: Rs 5600
Current Price: Rs 4625
Return: 21 percent
Dr. Reddy’s
Target: Rs 5800
Current Price: Rs 4880
Return: 19 percent
HCL Tech
Target: Rs 1000
Current Price: Rs 855
Return: 17 percent
* Advice: Ajay Kedia, Kedia Advisory
HUL
Target: Rs 2502
Current Price: Rs 2137
Return: 17 percent
ICICI Bank
Target: Rs 520
Current Price: Rs 484
Return: 7 percent
Muhurat Trading: Why Muhurat Trading Session happens on Diwali, why should you invest?
Infosys
Target: Rs 1436
Current Price: Rs 1091
Return: 32 percent
Ultratech cement
Target: Rs 5400
Current Price: Rs 4720
Return: 14 percent
Dr. Reddy’s
Target: Rs 5964
Current Price: Rs 4699
Return: 27 percent
Ashok leyland
Target: Rs 100
Current Price: Rs 91
Return: 9 percent
Emami
Target: Rs 450
Current Price: Rs 379
Return: 19 percent
Inox Leisure
Target: Rs 322
Current Price: Rs 273
Return: 18 percent
Crompton Greaves Consumer
Target: Rs 346
Current Price: Rs 297
Return: 16 percent
* Advice: Prabhudas Liladhar
(Disclaimer: Investing in the stock market is subject to risks. Financial Express Online does not recommend any type of investment. Before investing, check at your level or seek the help of an advisor.)
