Muhurta Trading 2021: After a sluggish performance in the calendar year 2018 and 2019, Samvat 2077 started off with a strong bull run led by outperformance in the broader market. While the benchmark Nifty has given stupendous returns of over 40% since last Diwali, mid and small cap. The indices have also reported excellent performance and are up 66% and 79% respectively for the same period.
SAMVAT 2077 returns were broad based primarily due to better participation across stock categories and sectors, which were relatively narrow in pre-pandemic years.
All sectors delivered positive returns with metal (+128% YoY), realty (+113%), and PSU Bank (+93%) the top gainers. On the other hand, pharma (+23%), FMCG (+29%), and private banks (+30%) were underperformers as the defensive heaved a sigh of relief.
The theme of Samvat 2077 was High Beta, Cyclic and Price. FII inflows into equities were at an all-time high of Rs 1.6 lakh crore, while DII saw outflows after five consecutive years of inflows.
7 Reasons Why Bulleron Will Continue:
I. In the last six months, the GST collection has consistently exceeded 1.2 lakh crore, and the revenue collection appears to be stable for the government.
Second With over 100 billion doses of Covid-19 and COVID vaccination in the background, the focus will be on growing industries.
iii. With record breaking vaccinations, dropped COVID19 cases, restarting of businesses, India is all set to unlock and ride the wave of economic growth.
iv. India has emerged as the fastest growing major economies globally and is expected to be among the top three economies of the world in the next 10-15 years.
v The Monetary Policy Committee (MPC) of the Reserve Bank of India kept its GDP forecast at 9.5% for FY12, but raised its 3Q GDP estimate to 6.8% from 6.3%.
we. The RBI Governor remarked that economic impulses have strengthened in the recent two months based on rising high frequency indicators.
vii. Exports have emerged as a growth engine, with India reporting the highest ever exports in a single quarter in 2QFY22.
viii. The country witnessed the third consecutive year of normal monsoon, which is likely to help in rural demand as well.
“We believe that companies with a strong business model, strong moat and a flexible balance sheet will help portfolios cope with impending volatility, which can be expected to rise in interest rates. Investment cycles foster sustained economic growth. , and the return on the correction outlook will encourage domestic investment spending,” IIFL Securities said in a note to its clients.
For Samvat 2078, using technical charts, leading brokerage houses have identified for you some stocks that can outperform the markets. These stocks are handpicked from different sectors and from fundamentally strong companies, which can help you to diversify your investments.
Axis Securities suggests buy and deposit the shares in the mentioned range for Samvat 2078 for a potential growth of 20% – 30%. they include:
Company Name Upside Potential
KEC International (27%)
United Spirits (25%)
Kolte Patil Developers (32%)
State Bank of India (26%)
Ashok Leyland (30%)
Mind Corporation (37%)
Bharti Airtel (25%)
ACC Limited (19%)
TCS Limited (21%)
SBI Cards Limited (24%)
Grasim Industries (21%)
Market guru Sanjeev Bhasin made recommendations for a multibagger portfolio during Diwali 2021, which includes the following.
big hat:
name potential return
ICICI Bank 16%`
Infosys 22%
Tata Motors 27%
HDFC Bank 25%
Larsen & Toubro 21%
Tata Steel 48%
mid Cap:
name potential return
India’s Tube Investment 12%
Deepak Nitrate 30%
SW Solar 82%
RSWM 83%
Shriram Transport Finance 23%
Persistent Systems 22%
Tata Chemicals 28%
For Samvat 2078, Motilal Securities has the following recommendations.
Income Normalizer: With the economy recovering, some large-cap segments are set to show a sharp recovery in earnings. (SBI and Tata Motors)
travel Tourism: With 100 crore vaccinations in India and opening up of various sectors, we expect the leisure segment to perform very well in the next 6-12 months. (United Spirits, Indian Hotels, VIP)
Real Estate & Accessories: We believe real estate is on the verge of an upswing with several macro factors supporting rising affordability coupled with low interest rates, benign prices and low homeownership in India. (Ultratech, Macrotech)
Long Term Compounders: The pandemic has provided long-term growth drivers for some sectors such as increased spending on technology and changes in consumer behavior for QSR, giving them long-term growth visibility. (Infosys, SBI Life, Jubilant Foods)
Mid-cap: Stock selection was key in generating returns within the mid-cap space – a trend that we believe may continue going forward as well. (Tata Power, Varun Beverages, Trident, APL Apollo, Orient Electric)
IIFL believes that if the supply constraints remain so persistent that growth is stifled and inflation gets stuck, such assumptions could derail the plethora. “But, we believe that there is a possibility that this will be resolved in the next year,” the note said.
[Disclaimer: The views and investment tips expressed by experts on ABP Live are their own and not those of the website or its management. Readers are advised to consult with experts before taking any investment decisions.]
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