- by Arya Sharma
- 11th Nov 2020
Samvat 2077 in a Stable Position with these 20 Stocks
The market currently seems to be in a good position with Consistent liquidity flow, strong earnings expectations, and economic growth in FY22, surely better than that expected in September quarter earnings. Along with this, progress is also observed in the COVID-19 vaccine sector which are the major factors affecting the market and stocks.
On the other hand, Nifty trading is continuing in the side lane for the last 2 years and has traded in the range of 10,000-12,000. Once earnings and the economy start showing positive trends, a sharp move will be seen from this 3 year sideways consolidation made. The upcoming year will set the right impetus for a breakout to happen, says Shailendra Kumar , the Chief Investment Officer at Narnolia Financial Advisors told Moneycontrol.
We must get ourselves ready for the firm prices showing a higher high and higher low kind of trend and also avoid investing in low-quality businesses as the end outcome will always be bad if one ignores the quality parameter, he further added.
Below mentioned is the list of 20 stocks that could yield 13-50 per cent by Samvat 2077-end and make your Diwali 2020 worth remembering.
- Bharti Airtel
- CG Consumer Electrical
- ICICI Bank
- Kansai Nerolac Paints
- Larsen & Toubro
- Nippon Life India
- Sudarshan Chemical Industries
- HDFC
- HDFC Bank
- Britannia Industries
- UPL
- Alembic Pharma
- Infosys
- HCL Technologies
- TV18 Broadcast
- CreditAccess Grameen
- ITC
- Cipla
- Sundram Fasteners
