Samvat 2078 Stock Tips: Diwali is also seen as the beginning of a new financial year in the Hindu calendar. This day is considered an auspicious time to start investing in the stock market. Investors believe that if any investment is started on this day, then there is a possibility of getting manifold returns on it. In such a situation, they choose special stocks for this day, which can give them great returns. Brokerage firms also advise investors to invest in specific stocks which can give better returns. Let us see which stocks are trusted by the legendary brokerage firm Motilal Oswal.
SBI
The performance of the country’s largest bank SBI has been excellent in the economy recovering from the shocks of the Corona epidemic and its growth is expected to improve even further. According to analysts, its operating profit (before provision) is expected to grow at a CAGR of 14 per cent between FY 2021-2023. This figure was 6 percent between the financial year 2018-2021.
Diwali Stock Tips: By next Diwali, these 10 shares will make money, investors can get more than 60% return in one year
Tata Motors
There is a recovery in all the three businesses of the giant auto company Tata Motors. The commercial vehicle business is undergoing cyclical recovery while Jaguar Land Rover is undergoing cyclical and structural recovery. Apart from this, the passenger business of the country is also showing signs of structural recovery due to new products. Because of this, there is a better prospect of investment in Tata Motors and great returns can be earned.
VIP
VIP Industries is the largest luggage manufacturing company in the country. Now the economy is recovering from the tremors of Corona and due to the accelerating vaccination drive, now domestic tourism is slowly returning to normal. Due to this, VIP can grow and investors can earn profits by investing in it.
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Macrotech
Lodha is one of the largest real estate developers in the country. Real estate was badly affected last year due to Corona epidemic but now the situation is showing improvement. The trend of buying in homes is visible and the demand is increasing.
Infosys
IT giant Infosys has got many big deals and due to strong capability in increasing digitization, there is a possibility of strong growth in Infosys. Analysts believe that Infosys will benefit from the potential of cloud and digital transformation. Investors can make great money by investing in it.
SBI Life
SBI Life’s premium growth has been strong across all product segments. APE (Annual Premium Equivalent) growth is expected to grow at a CAGR of 20 per cent in FY 2021-2021 as non-participating savings and protection products see a boost.
Trident
Trident’s shares are showing a rise after the lockdown related to Corona is lifted. The demand for home textiles is going to remain strong due to subsidies on freight and improving demand in the US and European markets. Apart from this, if offices and educational institutions are opening now, then the demand for paper will also increase. Due to all this, the chances of investment in this company are better.
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Expectations of boom in Samvat 2078
Samvat 2078 is starting today. Experts believe that in this era, the earnings of companies will increase due to the economy recovering from the shocks of Corona. Apart from this, due to the excellent performance in vaccination growth, there is a possibility of a boom in tourism. Real estate can boom after the Corona epidemic, then IT stocks can also earn due to increasing digitization.
In the last Samvat 2077, the market took a historic journey. Nifty crossed 18 thousand for the first time and Sensex crossed 60 thousand level for the first time. In the last Samvat 2077, Nifty gave a return of 43 percent. There was growth in almost all the sectors but the fastest growth was in Metal (+128%), Realty (+113%) and PSU Bank (+93%) sectors.
(The stock recommendations given in the story are those of 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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