Spectators watch fireworks during celebrations. (Photographer: Susana Gonzalez/Bloomberg)

Mahurat Trading: Experts Give Top Stock Ideas For Samvat 2075

Latest First
  • Oldest First

Watch Live

Brijesh Singh, Senior Technical Analyst, StockAxis

  • Stick to large-cap stocks instead of mid-cap stocks
Top picks include: Reliance Industries, RBL Bank, DCB Bank, Bata, Tech Mahindra, NIIT

Hadrien Mendonca, Senior Technical Analyst, IIFL

  • We've had a grand opening this Samvat
  • The question here is, will this sustain?
  • We are sticking to large-cap stocks instead of mid-cap stocks
Top picks include: Reliance Industries, Kotak Mahindra Bank, Aarti Industries

Raamdeo Agrawal, Co-Founder, Motilal Oswal Financial Services

  • Banking system usually grows two times the economy’s growth rate.
  • With just a few private players to cater this kind of growth, a liquidity crunch is bound to happen.
  • NBFCs are a good asset franchise, but weak liability franchise.
  • With weak NBFCs, opportunity for larger private sector banks is high.
  • Large asset base and wider presence gives large private sector banks an edge over others.
  • After 10 years, a serious capex cycle in India has begun.
  • As India is coming out of a capex slump, construction and infrastructure companies will tend to benefit.
  • Market is now adjusting to lower level of fund flows.
  • Correction is done for markets and the economy is set to grow.
  • Markets have seen deep corrections and valuations and are now very reasonable.
  • The real estate sector is still in pain. Customers are happy, but the builder community is in pain.

Deven Choksey, Managing Director, KRChoksey

  • Election, crude and rupee are the headwinds in today's market.
  • Samavat Year 2075 should be strong due to the strong fundamentals of the Indian economy.
  • Would advise you to buy stocks based on valuations.
  • Large-cap stocks are available at attractive valuations due to corrections.

Ajay Srivastava, MD, Dimensions Corporate Finance Services

  • The feeling entering Samvat 2075 is a little somber.
  • Not planning into an entire year, only uptil elections.
  • Global events have impacted us substantially and domestic markets is saturated with retail participants.
  • Looking into new Samvat with the retail investors saturated with investments which have done okay or not okay depending on when they entered the market.
  • Challenge for today is that we won’t see the same bullishness in supply of capital, as we did last year.
  • Stick to the large-cap stocks
  • Use the revival of mid-caps stocks to exit out.
  • Do not get tempted by mid-caps stocks, they are a trap.
  • Now is the time to take concentrated portfolio bets, maximum 10-12 stocks.
  • Elections do wonderfully for few industries and we should stick to those.
  • Need to play a lot safer for the next nine months
  • Top stock picks: HDFC Bank, HDFC
Top sectors: Liquor, transport, tractors and rural-facing companies, gas