Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Stock Market
Top 7 Diwali Stocks to sparkle your Portfolio

Top 7 Diwali Stocks to sparkle your Portfolio

Raviraj Parekh September 23, 2018

Diwali Stocks

Diwali is an auspicious day for stock market investment. On this Diwali, you might be wondering in which stock you should park your money to generate a superior return. To help you out here is Top 7 Diwali Stocks to sparkle your portfolio. Prior to sharing details about these stocks let’s try to look at a stock market performance this year.

Last year was a bearish year for the stock market – China Yuan devaluation, Weak rupee, Bihar election outcome, global economy are some factors that were affecting the stock market. In the past one year, benchmark index Sensex plunged over 4.1%. The nifty index was down by 2.9%. Only few midcap stocks could perform well in last year.

If we compare the performance of Sensex over the past 5 Diwali, Sensex was consistently giving positive returns since past three Diwali.

Do not miss below posts -
  • Midcap stocks 51% return in last 3 days
  • Learning Value Investing in Stock Market
  • 10 Best penny stocks of 2016 – Up to 1000% …

Also Read – Diwali Stock Picks 2017-18

Sensex performance Last 5 Years

Sensex Performance

From above nothing is coming out clearly, however, Markets experts believe that investors would be bullish in the Samvat 2072. Sensex may touch a level of 30000 giving 12%-18% gain from the current level. Stock market experts have tried to identify top 7 Diwali stocks that can generate very good returns in Samvat 2072.

Top 7 Diwali Stocks to Sparkle your Portfolio

Infosys

Prabhudas Lilladher expects Infosys to sparkle this year. Multiple strategic initiatives planned by management like zero bench, zero distance, client mining will pay a crucial role in profitability and growth of the company. The target price for Infosys is Rs 1440.

JK Laxmi Cement

JK Laxmi cement is next stock pick by Prabhudas Lilladher. JK Laxmi cement is one of the largest cement producers in India. JK Laxmi holds around 7% market share in the cement sector. This company is maintaining most efficient operations and increasing capacity. Target price set for JK Laxmi Cement is Rs. 440.

Bajaj Finance

Bajaj Finance is recommended stock by ShareKhan. The brokerage house believes Bajaj Finance is the best play on India’s consumption theme and mortgage market. Bajaj Finance’s business model and strong earnings performance are other positive aspects of Bajaj Finance.

Do not miss below posts -
  • Value Pick Stocks by Valuepickr Investors of India
  • Most Debt companies of India – Trade Cautiously Stay Away
  • Top 20 stocks that can give 20% by CITI

Britannia Industries

Britannia is another stock recommended by Sharekhan. Britannia is a second largest player in Indian biscuit market. Britannia is continuously enhancing its product portfolio and expected to sustain double-digit growth in future.

ITC

ICICI direct have a positive stance on ITC given its focus shifting on growing FMCG business with the target to achieve Rs 1 lakh crore revenues by 2030, which translates into a 17 per cent CAGR growth.

PNC Infratech

PNC Infratech is next in the list of ICICI direct.PNC has a very good track record of timely completion of projects. PNC is sitting on very good order book worth 4000 Cr. Strong order flow in pipeline and growths in the industry are positive points about PNC Infratech.

HDFC Bank

HDFC Bank is recommended stock by Reliance Securities. HDFC is second largest private sector bank in India. The bank has consistently outperformed its peers on both financial and operational fronts led by the strong liability franchise, low exposure to stressed sectors and superior risk management practices.  Reliance Securities maintain a buy rating on the stock with target price of Rs 1193.

Hope Investments in these stocks will grow and give magnificent returns by next Diwali.

(The views and recommendations expressed in this post are of leading brokerage houses own and do not represent those of Moneyexcel.com. Please consult your financial advisor before taking any position in the stocks mentioned)

Prev Article
Next Article
Tags:best diwail stocks diwali stocks sensex performance sensex returns stock pick top diwali stocks

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • How to check Property Records and Land Records online in India?
  • 20 small manufacturing business ideas with low cost
  • 225 Small Business Ideas with Low Investment in 2021-22
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • Top 60 Manufacturing Business Ideas
  • Income Tax Calculator FY 2019-20 (AY 2020-21) - Excel Download
  • 10 Best Small Trading Business Ideas

Subscribe to Blog via Email

Join 5,473 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |