Leading brokerages highlight Nifty stocks with 828% upside this Diwali. Picks span banking, healthcare, defence, FMCG, and tech, reflecting robust fundamentals, strategic growth, and long-term value creation.
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
Shibani Sircar Kurian of Kotak Mahindra AMC sees select growth pockets in banking, consumption, and healthcare. She highlights attractive valuations in PSU banks, stock-specific opportunities in NBFCs, and a comeback in discretionary consumption, particularly autos. Healthcare, especially hospitals, also presents promising prospects.
FII sentiment towards India is reviving due to macro stability and easing global uncertainties, suggesting a shift from "pause" to "play" for the market. Despite some economic slowdown indicators, strong corporate profits and potential consumption boosts point towards renewed foreign inflows and a potential bullish phase.
