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Motilal Oswal: Diwali Picks And Samvat 2077 Outlook

Equity markets had a historical journey in Samvat 2076 as it was a year of volatility, unpredictability, pessimism, and optimism.

Brokers pray as ceremonial purchases of stocks are made during the session marking Diwali at the Bombay Stock Exchange. (Photographer: Dhiraj Singh/Bloomberg)
Brokers pray as ceremonial purchases of stocks are made during the session marking Diwali at the Bombay Stock Exchange. (Photographer: Dhiraj Singh/Bloomberg)

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.

Motilal Oswal Report

Equity markets had a historical journey in Samvat 2076, as it marked a year of huge volatility, unpredictability, pessimism, divergence and optimism.

The markets touched all-time high of 12,431 in January 2020 and then hits three year low of 7511 in March 2020 as Covid-19 pandemic grips the whole world, becoming one of the biggest threats to the worldwide economy.

The unlocking of the economy since June 2020 has led to significant recovery in various macro, micro and high frequency data points, resulting in equity markets nearing its lifetime high once again.

Click on the attachment for Motilal Oswals full list of Diwali stock picks:

Motial Oswal Diwali picks 2020.pdf

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