Top 40 Best Diwali Stock Picks for 2018-2019
We are approaching Diwali Samavat 2075. Leading stock brokerage firms started recommending top Diwali stock picks for 2018-2019. This year 2018 is not that good year for stock markets as we have seen huge volatility. Many stock brokerage firms started recommending stocks that would outperform short term of 1 month to medium term 3 years and long term of over 5 years. What is the Stock Markets outlook in the next 1 year? Which are the Best Diwali Stock Picks for 2018-2019 recommended by major stock market experts? Which are the top Stock Picks for 2018 recommended by leading brokerages which can fetch you up to 40% returns?
Also Read: Best International Mutual Funds 2018-19
What is the Stock Markets outlook in the next 1 year?
Stock markets experts and stock brokerage firms believe that SENSEX can reach 49,000 by end of 2019. However, there are a few factors which would direct the stock market direction like:
1) Upcoming parliamentary elections of 2019
2) US Federal Reserve is likely to raise rate hike in 2018 and several times in 2019.
3) RBI expects to raise repo rates in 2018-2019.
4) Crude Oil price may continue to increase in 2018-19.
5) Dollar is becoming stronger and experts believe it would continue to rise in the near term.
Sectors like IT, Banking and capital goods are likely to perform well in 2018-19. Stock market experts say investing in largecap stocks would be best to beat the volatility.
Top 40 Best Diwali Stock Picks for 2018-2019 from brokerage firms
Here are some of the good diwali stock picks for 2018. Some of the line items could be duplicates between stock broker recommendations and I retained as it to avoid any confusion. So the number could be less than 40 in such case.
Best Diwali Stock Picks from Motilal Oswal Securities for 2018-2019
1) Maruti Suziki – CMP ₹ 7,135 and Target Price ₹ 8,484 – Potential upside 19%
2) Hindalco Industries – CMP ₹ 240 and Target Price ₹ 338 – Potential upside 41%
3) LIC HFL – CMP ₹ 430 and Target Price ₹ 550 – Potential upside 28%
4) PVR Ltd – CMP ₹ 1394 and Target Price ₹ 1650 – Potential upside 18%
5) Oberoi Realty – CMP ₹ 427 and Target Price ₹ 574 – Potential upside 34%
6) Infosys – CMP ₹ 662 and Target Price ₹ 800 – Potential upside 21%
7) Indraprastha Gas – CMP ₹ 281 and Target Price ₹ 373 – Potential upside 33%
8) Exide Industries – CMP ₹ 253 and Target Price ₹ 314 – Potential upside 24%
9) ICICI Bank – CMP ₹ 354 and Target Price ₹ 400 – Potential upside 13%
10) Britannia Industries – CMP ₹ 5601 and Target Price ₹ 6870 – Potential upside 23%
Good Diwali Stock Picks from Angel Broking for 2018-2019
11) RBL Bank – CMP ₹ 522 and Target Price ₹ 690 – Potential upside 32%
12) Bata Industries – CMP ₹ 1006 and Target Price ₹ 1243 – Potential upside 24%
13) Safari Industries – CMP ₹ 770 and Target Price ₹ 1071 – Potential upside 39%
14) GMM Pfraulder – CMP ₹ 1073 and Target Price ₹ 1287 – Potential upside 20%
15) TTK Prestige – CMP ₹ 6872 and Target Price ₹ 8200 – Potential upside 19%
16) TV Today India – CMP ₹ 397 and Target Price ₹ 537 – Potential upside 35%
17) Aurobindo Pharma – CMP ₹ 781 and Target Price ₹ 870 – Potential upside 11%
18) Mahindra and Mahindra – CMP ₹ 783 and Target Price ₹ 1050 – Potential upside 34%
19) HDFC Bank – CMP ₹ 1945 and Target Price ₹ 2350 – Potential upside 21%
Top Diwali Stock Picks from HDFC Securities for 2018-2019
Hindustan Oil Exploration – CMP ₹ 133 and Target Price – ₹ 177 (33% upside)
20) Company shares were trading at ₹ 107 an 1 year back (24% return in last 1 year).
21) Parag Milk Foods – CMP ₹ 251 and Target Price – ₹ 329 (30% upside). Company shares were trading at ₹ 267 an 1 year back (negative 6% return in last 1 year).
22) Dr. Reddy Laboratories – CMP ₹ 2,422 and Target Price – ₹ 2,952 (22% upside). Dr. Reddy’s shares were trading at ₹ 2,392 an 1 year back (1% return in last 1 year).
23) Cyient – CMP ₹ 616 and Target Price – ₹ 747 (21% upside). Company shares were trading at ₹ 530 an 1 year back (16% return in last 1 year).
24) Apollo Hospitals Enterprises – CMP ₹ 1,131 and Target Price – ₹ 1,368 (21% upside). Company shares were trading at ₹ 989 an 1 year back (14% return in last 1 year).
25) Sunpharma – CMP ₹ 578 and Target Price – ₹ 690 (19% upside). Company shares were trading at ₹ 548 an 1 year back (5% return in last 1 year).
26) Exide Industries – CMP ₹ 255 and Target Price – ₹ 304 (19% upside). Company shares were trading at ₹ 267 an 1 year back (negative 6%% return in last 1 year).
27) ICICI Bank – CMP ₹ 348 and Target Price – ₹ 411 (18% upside). Company shares were trading at ₹ 316 an 1 year back (11% return in last 1 year).
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Top and Best Diwali Stock Picks from Karvy Stock Broking for 2018-2019
28) Bajaj Electricals
29) Sandhar Technologies
30) ICICI Bank
31) Maruti Suzuki India
32) Bata Industries
33) HDFC Bank
Diwali Stock Picks 2018 from Edelweiss
34) Biocon
35) Dabur India
36) HDFC Bank
37) Havells India
38) Sun Pharma
39) Voltas
40) ICICI Bank
Disclaimer: I do not own any of these stocks as on the date of posting the article. However, I can purchase them any time in coming days.
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Suresh
Top 40 Best Diwali Stock Picks for 2018-2019 from brokerage firms
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Suresh,
Firstly let me express my gratitude for the content you are providing. I am new investor and information provided here is really helpful.
While researching about investment ideas yesterday thought came to my mind, and thought of asking you for your opinion.
Is it good idea to buy at least 1 stock from every Top 100 Companies in India by Market Capitalization.
Investor can surely buy more as per their capacity but the idea is to buy minimum 1 stock of each and every Top 100 company and keep invested at least for 10-15 years.
Is that a good strategy?
Appreciate your support!
Hello Deepak, While i would not rule out complete on your idea, one should check for good companies in Top 100 companies based on market capitalizatoin. There are several companies that are not favorable now though they list in top 100. You can filter top 100 companies and filter which are best performing and why. Which are top 100 which are not performing in term of share price appreciation and why. You would get answer and your next step of investing in them would be easier. Here is one analysis on top 100 companies and some of the best performing stocks. Go thru and take next steps. https://myinvestmentideas.com/2018/08/top-10-stocks-from-bse-100-index-100-returns-what-is-driving/
Suresh, check the list again, it looks like a copy-paste issues or ICICI/ HDFC bank has bought you because we can see ICICI recommended 4 times, HDFC 3 times, Maruti 3 times LOL!!
Not sure if this will be approved to be posted 😀
There is no copy paste issue. There are common recommendations among the brokerage firms including ICICI Bank, HDFC etc., Yes if one observes a unique stocks, the count could be less than 40. Since you expressed a concern about I would have bought suck stocks which could be still valid, I have given disclaimer at the end of the article. This would give you confidence that my recommendations are unbiased and I do not own any of these stocks