Three Veteran Analysts’ Top Stock Picks For Samvat 2076
Three veteran analysts tell you what stocks to buy for Samvat 2076.
For equity markets, Samvat 2075 was volatile’ because of domestic and global cues.
Stocks went through crests and troughs over a tariff war between the U.S. and China, India’s now-rolled back tax surcharge, liquidity shortage a consumption slowdown to a cut in corporate tax rates.
The benchmark Nifty wiped off losses and is trading 10 percent higher, propped up by a handful of heavyweights and trades at a 16 percent premium to its 10-year valuations. But the broader market hasn’t recovered from the rout as Nifty mid- and small-cap indices dropped nearly 8 percent and 12 percent.
Analysts BloombergQuint spoke with suggest using the dip in the broader market as a buying opportunity.
Sudip Bandyopadhyay, group chairman of Inditrade JRG Group; Amit Khurana, director of research at Dolat Capital; and Vinay Khattar, head of Edelweiss Investment Research, suggest their picks for Samvat 2076.
Here are the stocks they are betting on:
Sudip Bandhopadyay
Amit Khurana
Vinay Khattar
To know why they picked these stocks, watch the full video:
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