HDFC Securities: Diwali Picks And Samvat 2077 Outlook
The BSE building is illuminated during a special holiday trading session on the occasion of Diwali in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

HDFC Securities: Diwali Picks And Samvat 2077 Outlook

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Report

India still is not out of woods as far as the Covid-19 pandemic is concerned or its impact on macro or micro is concerned – though latest macro and micro data are encouraging.

Key worrying points remain - asset quality at lenders, stress in micro small and medium enterprises, fiscal deficit, inflation, job creation etc.

However a bull market never requires all worrying points to be eliminated.

Outcome of U.S. Presidential elections remains a short term worry – though markets have initially loved divided government- but that too may be forgotten a few weeks later.

Click on the attachment for HDFC Securities’ full list of Diwali stock picks:

HDFC Securities Retail Research Diwali Picks 2020.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.