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Diwali Picks: Top 15 stocks by Motilal Oswal to invest in Diwali; Include in the portfolio, there will be profit

Diwali Picks for Samvat 2078: Brokerage house Motilal Oswal has advised to include 15 stocks in its portfolio on 5 themes this Diwali.

Diwali Stock Picks for Samvat 2078: New Savant 2078 will start from Diwali. For investors, this is an opportunity to revamp and strengthen the portfolio. Equity market touched record level in Sawant 2077. Sensex crossed 60 thousand and Nifty crossed the level of 18 thousand. In Samvat 2077, Nifty has given a return of about 51 percent so far. Now looking at the current level of the market, the valuation is high and volatility remains. In such a situation, it is important that while choosing the stock (Diwali Stocks), you should identify those sectors or themes, in which strong growth is expected in the future.

Brokerage house Motilal Oswal has identified 5 such themes and given information about 15 stocks associated with them, which can make your portfolio profitable. The brokerage house believes that their fundamentals are strong and at the same time they have the potential to give strong returns going forward. The brokerage house says that the lockdown is now opening. The budget was market friendly. There is a recovery in the economy. There is a steady recovery in key indicators of the economy such as GST collection, e-way bill, PMI data and power and fuel demand.

Share this 5 themed will run

1: Earnings Normalizers

With the improvement in the economy, some large-cap stocks are seen in a better position. His earnings are expected to improve sharply.

Stocks: SBI and Tata Motors

Motilal Oswal has advised to invest in two stocks SBI and Tata Motors in this theme. The brokerage house says that with the recovery in the economy, SBI’s performance among PSU banks has been better. SBI’s Pre-Provision Operating Profit (PPOP) is expected to clock a CAGR of 14 per cent during FY21-23E. At the same time, SBIN can get about 15 percent (RoE) return in FY23.

At the same time, there is a recovery in all three businesses of Tata Motors. Cyclic in commercial vehicles and cyclic and structural improvements in JLR are coming. The company’s passenger vehicle segment has also seen a tremendous recovery. The company can get strong support in FY23 due to new product launches, increase in market share.

2. Travel & Tourism

This theme can give good returns to the investors in the coming times due to the Kovid 19 vaccination reaching beyond 100 crores in the country and gradually opening up all the sectors. A great recovery is expected in this sector in the next 6-12 months.

Stock: United Sprits, Indian Hotels and VIP

Motilal Oswal has advised to invest in three stocks United Spirits, Indian Hotels and VIP in this theme. The brokerage house says that after the second wave of Kovid 19, the industry is recovering faster than expected. With this increasing hotel occupancy, the demand for lodge products will increase.

3. Real Estate & Ancillary

The brokerage house believes that the real estate is on the verge of a sharp recovery. This will support macrofactors like low interest rates, better prices and increased buying power as well as low home ownership in India.

Stocks: Ultratech and Macrotech

Motilal Oswal has advised to invest in two stocks Ultratech and Macrotech in this theme. The brokerage house says that both these companies are the top companies in their segment. They will benefit from increasing demand.

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4. Long Term Compounders

The Kovid 19 pandemic has become a long term growth driver for some sectors. Rising spending on technology, changing consumer trends for QSR have created opportunities for long term growth in these sectors.

Stocks: Infosys, SBI Life and Jubilant Food

Motilal Oswal has given this Diwali investment advice in three stocks Infosys, SBI Life and Jubilant Food in this theme. The brokerage house says that in view of these changing consumer behavior and requirements, the shares of these companies have the potential to run in the coming days.

5. Mid-caps

The brokerage house says that choosing a stock that generates returns in the midcap space was very important. Midcap space is one such trend which we believe may continue to rise further.

Stocks: Tata Power, Varun Beverages, Trident, APL Apollo and Orient Electric

Motilal Oswal has recommended 5 stocks to invest in this theme this Diwali in Tata Power, Varun Beverages, Trident, APL Apollo and Orient Electric. The brokerage house says that with the gradual end of restrictions related to Kovid 19, consumer demand will increase. This will accelerate the economic activity. Due to this, these sectors of the midcap space can benefit.

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