Business Standard

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

Budget2018
Web Exclusive Premium

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

Avdhut Bagkar Mumbai
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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 30 2020 | 12:30 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com