50+ Best Diwali Stock Picks for 2019-2020 from brokerage firms

Best Diwali Stock Picks for 2019-2020 from brokerage firmsBest Diwali Stock Picks for 2019-2020 from brokerage firms


We are approaching Diwali Samavat 2076. Leading stock brokerage firms started recommending top Diwali stock picks for 2019-2020. This year 2019 also is not that good year for stock markets as we have seen huge volatility for the entire year. Many stock brokerage firms started recommending stocks that would outperform short term of 1 month to long term of over 5 years. Which are the Best Diwali Stock Picks for 2019-2020 recommended by major stock market experts? Which are the top Stock Picks for 2019 recommended by leading brokerages which can fetch you up to 84% returns?

Also Read: How employees can save various ways of income tax?

50+ Best Diwali Stock Picks for 2019-2020 from brokerage firms


Best Diwali Stock Picks from India Nivesh for 2019-2020


1) LIC Housing Finance with an upside of 84% from the current market price.

2) JK Paper with an upside of 50% from the current market price.

3) Escorts with an upside of 35% from current market price.

4) Hero Motocorp with an upside of 27% from current market price.

5) Godrej Consumer Products with an upside of 26% from current market price.

Top Diwali Stock Picks from Way 2 Wealth for 2019-2020


6) ITC with an upside of 46% from current market price.

7) Axis Bank with an upside of 26% from current market price.

Good Diwali Stock Picks from Aditya Birla Capital for 2019-2020


8) Dr Lal Path Labs with an upside of 20% from current market price.

9) HDFC Bank with an upside of 20% from current market price.

10) HDFC Life with an upside of 20% from current market price.

Best Diwali Largecap stock picks from Motilal Oswal Securities for 2019-2020


11) ICICI Bank

12) SBI

13) HDFC

14) Bhari Airtel

15) L&T

16) Hindustan Unilever

17) Titan

Best Diwali Midcap stock picks from Motilal Oswal Securities for 2019-2020


18) Indian Hotels

19) M&M Fin serv

20) Ashok Leyland

21) Aditya Birla Fashions

22) JK Cement

23) Colgate

24) Petronet LNG

25) PI Industries

Diwali Stock Picks from IIFL Securities


IIFL Securities too provides best Diwali stock picks for 5 largecap stocks and 5 midcap stocks. If you worried about midcap stocks, you can go for top midcap mutual fund schemes.

Best Diwali Largecap stock picks from IIFL Securities for 2019-2020


26) Kotak Mahindra Bank

27) Axis Bank

28) ICICI Bank

29) Reliance

30) L&T

Best Diwali Midcap stock picks from IIFL Securities for 2019-2020


31) Midcaps

32) ABB

33) Gujarat Gas

34) Deepak Nitrite

35) Atul

Top Diwali Stock Picks from Nirmal Bang Securities for 2019-2020


36) APL Apollo Tyres

37) DCB bank

38) India Metal Ferro Alloys

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39) Jubilent Lifesciences

40) Polycab Indai

41) Anup Engg

42) Welspun corp

Diwali Stock Picks from Axis Securities for 2019-2020


43) Hindustan Unilever

44) Kotak Bank

45) ICICI Bank

46) Asian Paints

47) HCL Tech

48) SBI Life insurance

49) Dr. Reddy’s

50) Aarti industies

51) Mindtree

52) Dixon Tech

53) Lumax Ind

Top Diwali Stock Picks from Anandrathi Securities for 2019-2020


54) Reliance Nippon Life

55) Reliance industries

56) ICICI Pru Life

57) Bharat Electronics

58) HUL

59) Indrapraastha Gas

Best Diwali Stock Picks from HDFC Securities for 2019-2020


60) Affle India

61) Amber Enterprises

62) Apollo Hospitals

63) Bajaj Auto

64) BEML

65) Deepak Nitrate

66) Fairchem Speciality

67) Garden Research Shipbuilders

68) Muthoot Finance

69) SBI Life insurance

70) Sudarshan Chemicals

71) Ultratech Cement

Which are the Best Diwali Stock Picks in 2019 among these 70 odd stocks?


Now don’t look at me with this big list of 70+ stock recommendations from leading brokerages. Even we remove some common among these brokerages, the list is as high as 60+ stocks. I am not here to tell you which one is good and which is bad. Every brokerage firm has their own view about such stocks. But let me provide some tips to filter good stocks from this.

Tip#1 – Spot Multibagger stocks from this list


While all these stocks are recommended by leading brokerages, there is no guarantee that these could be multi-bagger stocks. One of the way is check how many such brokerages are recommending now. E.g. ICICI Bank, HDFC are being recommended by several brokerages. This could be first step in identifying a good stock. Then you start your next level analysis about its financials, how fancy is that stock etc. before you go for investment.

Tip#2 –  Avoid NBFC Company stocks


Owing to NBFC crisis going on, avoid NBFC company stocks for now. Some of the brokerages like HDFC securities are recommending Muthoot Finance etc., which are high risk as of now. However, investing in high credit rating companies like LIC Housing Finance or M&M Financial Services could be still okay. Recently we reviewed LIC Housing Finance Fixed Deposit Scheme where we provided credit rating details also about these company FDs.

Tip#3 – Banking sector – Risks involved


Last year we have seen PNB fraud and currently seen PMC bank fraud. Inspite of several controls from RBI, you should assume that such frauds would continue in banking sector. Avoid investing in single bank stock. Instead, one can go for some of the best Banking Sector Mutual Funds that can reduce risk.

Tip#4 – Invest in NIFTY Index if you need just consistent but steady returns


While all these stocks are recommended by leading brokerages, there is no guarantee that these could deliver good returns. If you feel you just need stable returns, but think there is potential in stock market index, you can go for the NIFTY Index Fund instead of individual stocks.

Wish you a Happy Diwali / Deepavali !!!

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Suresh

50+ Best Diwali Stock Picks for 2019-2020 from brokerage firms

Suresh KP

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