From Bandhan Bank to Ashok Leyland, stocks ripe for cherry-picking

With indices getting back on their feet, can stocks be far behind? Here is the list of 10 such stocks from BSE 100 with huge upside promise for investors willing to ride out any potential volatility

Most brokerages remain optimistic about India’s equity market in 2023-24 (FY24) regardless of its poor showing in the past year and a half. According to Bloomberg consensus estimates, the Street expects the S&P BSE Sensex to rally nearly 20 per cent from the current levels to reach 70,500 by the end of March 2024. By comparison, the benchmark index closed at 59,106.4 on Monday.

According to brokerages, the rally will be driven by growth in corporate earnings. Analysts expect the Sensex’s underlying earnings per share (EPS) to grow 18.6 per cent year-on-year in FY24 to Rs 3,621.4, from an expected