Markets have been volatile in Samvat 2072 and saw a gain of around 10%. Among sectors, the S&P BSE Metal, oil & gas, consumer discretionary, auto, realty and banking indices have been among the key gainers, while telecom, information technology (IT) and healthcare indices lost ground.
Also Read: From TeamLease to PNB Housing: How IPOs have fared in 2016
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In the past six years – from Samvat 2066 (calendar year 2010) – when the Nifty50 index surged nearly 23%, the markets have seen positive returns on four other occasions with the benchmark indices rallying between 9% - 27%. On two occasions, however, they ended weak.
Though analysts caution that markets are likely to remain volatile in Samvat 2073, they say outcome of the US Presidential elections; strategies adopted by the global central banks; corporate earnings growth in India; commodity prices, especially crude oil; and the progress on reforms, including tackling geopolitical concerns are some of the key factors that will have a bearing on the overall market sentiment.
Also Read: 5 factors that can impact markets in Samvat 2073
Also Read: 5 factors that can impact markets in Samvat 2073
Here is a quick compilation of the top stocks that leading research houses and brokerages have recommended for Samvat 2073.
| ANGEL BROKING | |
| Stock | Target Price (Rs) |
| Axis Bank | 630 |
| Dewan Housing | 350 |
| Equitas Holdings | 235 |
| Amara Raja | 1218 |
| Asian Granito | 351 |
| Bajaj Electricals | 306 |
| Blue Star | 634 |
| Mirza International | 113 |
| Siyaram Silk | 1714 |
| HCL Tech | 1000 |
| Infosys | 1341 |
| Jagran Prakashan | 225 |
| TV Today | 363 |
| BEL | 1414 |
| Mahindra Lifespace | 522 |
| Navkar Corp | 265 |
Also Read: I foresee China as the next big bull bet: Shankar Sharma
| KOTAK SECURITIES | |
| Stock | Target Price (Rs) |
| Allcargo Global | 215 |
| Dish TV | 110 |
| Engineers India | 335 |
| Finolex Ind | 530 |
| L&T | 1636 |
| M&M | 1541 |
| Mold-Tek Packing | 260 |
| Nagarjuna Construction | 106 |
| Natco Pharma | 750 |
| PNC Infratech | 157 |
| TV 18 Broadcast | 56 |
| ICICI SECURITIES | |
| Stock | Target Price (Rs) |
| Exide Ind | 240 |
| India Cements | 190 |
| HDFC Bank | 1500 |
| Jubilant Life Sciences | 795 |
| MRPL | 110 |
| Philips Carbon Black | 300 |
| Tech Mahindra | 525 |
| MOTILAL OSWAL | |
| Stock | Target Price (Rs) |
| HDFC Bank | 1500 |
| LIC Housing | 748 |
| Shriram City Union Fin | 3000 |
| Bharat Electronics | 1450 |
| Amara Raja | 1257 |
SHAREKHAN
State Bank of India (SBI), RBL Bank, L&T Finance, Natco Pharma, Kansai Nerolac, Finolex Cables, Wonderla Holidays, TVS Motor, Rico Auto, Zee Entertainment
| RELIANCE SECURITIES | |
| Stock | Target Price (Rs) |
| Aurobindo Pharma | 981 |
| HDFC Ltd | 1560 |
| JK Lakshmi Cement | 550 |
| Persistent Systems | 790 |
| Pidilite Ind | 832 |
| IDBI CAPITAL | |
| Stock | Target Price (Rs) |
| Arvind | 525 |
| Nilkamal | 2350 |
| Zee Entertainment | 642 |
| NBCC | 320 |
| AIA Engineering | 1271 |
| Persistent Systems | 860 |
| Coromandel Int | 367 |
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