Diwali Picks for Samvat 2078 – Brokerage Recommendations
Diwali Picks for Samvat 2078 - Brokerage Recommendations
HDFC Sec - Diwali 2021 recommendations
According to HDFC Securities, most stocks are discounting a bright future over the next two years. Hence, the broking house has to shortlist stocks where it think the street is yet to give full value to the future potential. Having said that, equity as an asset class will continue to do well in a market like India. Sectorally, PSU stocks still have steam left even after the Air India sell-off and some progress on BPCL and SCI divestment. Banks (both PSU and private) could come back in the reckoning. Auto and capital goods can also do well after subdued performance over the past few quarters, it said.
Bharti Airtel - Strong market position in the domestic mobile and non-mobile segment, diversifi...