HDFC Securities: Diwali Picks And Samvat 2077 Outlook
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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:
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