Banking and auto stocks have not performed very well in the market so far, but analysts at Motilal Oswal believe that these could prove to be hidden rules in 2022.
Rakesh Jhunjhunwala has two such stocks in his portfolio, which have been included in the top picks of 2022 by well-known brokerage firm Motilal Oswal. One share is Tata Motors and the other is Titan of Tata Group itself. Both the stocks have been included in the largecap idea category by Motilal Oswal. Banking stocks and auto stocks have not performed very well in the market so far, but analysts at Motilal Oswal believe that these may prove to be hidden rules in 2022.
These shares are included in the top picks of Motilal Oswal
The brokerage firm says that Nifty can give 12 to 15 percent returns in 2022. This seems to be possible from the situation of recovery in the economy. The large cap stocks Motilal Oswal has chosen for 2022 are TCS, ICICI Bank, Bharti Airtel, L&T, Godrej Consumer Products, Divi’s Labs, Reliance Industries and Apollo Hospitals. (Apollo Hospital).
Stock Tips: This stock of metal sector is showing strength, buy, hold or leave after booking profits.
Tata Motors has given a multibagger return
Shares of Tata Motors have given multibagger returns in 2021. The stock has given 158 per cent returns since the beginning of this year. Whereas till now it has increased by 162 percent. Recently the company has started a wholly owned subsidiary, Tata Passenger Electric Mobility Limited. This company will make electric vehicles and hybrid electric vehicles. Rakesh Jhunjhunwala held 3,67,50,000 shares of Tata Motors as of September 2021. Accordingly, he had a 1.11 percent stake in the company. Since the beginning of this year till now, the shares of Titan have increased from 1560 to Rs 2,420 i.e. till now it has given a return of 53 percent.
(The stock recommendations given in the story are from the respective research analyst and brokerage firm. Financial Express Online takes no responsibility for the same. Investments in capital markets are subject to risks. Please consult your advisor before investing.)
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