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Voda Idea, HDFC Bank, Britannia: Stocks that can give 30% return in 2021

Going into the year 2021, however, experts say returns may moderate in the new year. However, select stocks still offer a good upside over the next one year, charts show

Topics
Buzzing stocks | stocks to watch | New year

Avdhut Bagkar  |  Mumbai 

Budget2018
The upside is opened in the uncharted territory of Rs 4,000 and Rs 4,500 levels for Britannia Industries

The Indian markets enjoyed a stupendous rally from March lows in current year 2020, with both the benchmark indices logging their fresh lifetime highs. Going into the year 2021, however, experts say returns may moderate in the new year.

The expectations of moderate returns are linked to the fact that the markets are currently pricing in a lot of positives as they enter 2021 at record highs. The Nifty50 and Sensex targets of some brokerages for 2021 also indicate just 5-7 per cent upside from the current levels. READ MORE

However, from a technical view point, here are a few stocks that you can bet on for the next year. From the current levels, these can rise around 30 per cent, charts show.

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First Published: Wed, December 30 2020. 12:30 IST

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