Diwali picks 2018: 英雄联盟竞猜观看最新版 bets on 8 stocks to brighten up your portfolio
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Brokerage house sees an upside of 19-34 percent in these stocks; names such as MindTree, RIL figure in the list.
26 Oct, 2018, 09:31 IST | Mumbai, India
Diwali picks 2018: 英雄联盟竞猜观看最新版 bets on 8 stocks to brighten up your portfolio

Aarti Industries, Reliance, Mindtree and Mphasis are among 8 names that 英雄联盟竞猜观看最新版 has chosen as its Diwali picks for this year. In their report,?analysts have highlighted?the challenges faced by the economy and what lies ahead for the market.

The market returned just 4 percent in the past one year, while mid and smallcap indices plummeted 10 and 15 percent, respectively. Positive returns on the Nifty were largely due to names such as?Infosys,?TCS,?Reliance,?ICICI Bank?and?HDFC Bank.

\"The carnage in mid and small-cap stocks was caused by selling by mutual funds owing to new categorisation of MF schemes, GSM/ASM circular of SEBI, change in equity taxation, etc. In addition, liquidity crisis led by IL&FS default, was extended to other NBFCs, which were already reeling under increasing interest rate environment,\" analysts at the firm wrote in their report.

Among factors to look forward to, it listed crude oil prices, widening spread between bond and earnings yields and recent correction in equity valuations.

Here are its top picks for Diwali of 2018.

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