Best Stocks for Samvat 2081 :Today, on 1st November, there is a tremendous rise in the stock market during Muhurta trading. Sensex is 450 points stronger and is trading at the level of 79840. Whereas Nifty has increased by 137 points and is trading at the level of 24342. In today’s business, purchasing is being seen in all sectors. On Nifty, Bank, Financial, Auto, IT, Metal, Pharma, FMCG and Realty indices are in green. Top gainers include M&M, NTPC, TATAMOTORS, AXISBANK, ADANIPORTS.
Although there is a holiday in the stock market on the day of Diwali, but like every time it is open for Muhurat trading for 1 hour. This marks the beginning of the new Samvat 2081. Today Muhurta trading is between 6 pm to 7 pm. Whereas the session before the opening of the stock market was held from 5:45 to 6:00 pm. This has been a tradition and investors consider it auspicious to invest money in the market on this occasion. Here we have given information about some stocks for Muhurta trading quoting different brokerage houses, in which bets can be placed. These stocks can give excellent returns in Samvat 2081.
Focus will be on these factors in Samvat 2081
1) Elections in America
2) Economic reforms in China
3) Activities during festive season
4) US bond yield movement
5) Crude price trend
6) Fund Flow
According to brokerage house Axis Securities, these factors are expected to cause volatility in Indian equity markets, which may react in either direction depending on these events. In the near term, considering the latest developments, some capital allocation may shift towards China. However, the brokerage house says that we have confidence in the long-term growth story of the Indian equity market. However, there is limited scope for further expansion at current valuations. Growth in corporate earnings will be the primary driver of market returns going forward.
Theme for Samvat 2081
• Companies with high growth potential at reasonable valuations
• Companies with leadership positions in their sector
• Companies with a strong track record of improving return ratios
• Right mix of rate cut cycle, defensive, capex, consumption and export oriented themes
SBI Securities Diwali Muhurat Picks 2024
Coal India
Target price: Rs 593
Estimated Return: 20.5%
Nippon Life India Asset Management
target price: Rs 825
Estimated Return: 17.5%
Titagarh Railsystems
Target price: Rs 1,510
Estimated Return: 26.1%
Macrotech Developers
Target price: Rs 1,398
Estimated Return: 20.4%
Escorts Kubota
target price: Rs 4,408
Estimated Return: 15.5%
PG Electroplast
Target price: Rs 735
Estimated Return: 19.1%
Recruitment Hexacom
Target price: Rs 1,747
Estimated Return: 16.0%
Chateau Hotels
Target price: Rs 1,106
Estimated Return: 26.7%
Arvind Fashions
Target price: Rs 725
Estimated Return: 20.7%
Glaxosmithkline Pharma
Target price: Rs 3,195
Estimated Return: 20.1%
Newgen Software Technologies
Target price: Rs 1,475
Estimated Return: 17.3%
Kilburn Engineering
Target price: Rs 532
Estimated Return: 23.5%
Samvat 2081: HDFC Securities Diwali Picks 2024
Stock and target price till next Diwali
Bank of India: Rs 132
JK Lakshmi Cement: Rs 936
Jyothy Labs: Rs 600
L&T Finance: Rs 219
NALCO: Rs 270
Navin Fluorine: Rs 3948
NCC Ltd: Rs 363
PNB Housing Finance : Rs 1160
Reliance Industries: Rs 3243
SBI: Rs 960
Top picks of brokerage house Axis Securities
Gravita India
Target price: Rs 3000
Return Estimate: 38%
Arvind Smart Spaces
Target price: Rs 1085
Return Estimate: 37%
Inox Wind
Target price: Rs 270
Return Estimate: 31%
KPIT Technologies
Target price: Rs 2150
Return Estimate: 27%
HG Infra
Target price: Rs 1700
Return Estimate: 27%
AU Small Bank
Target price: Rs 800
Return Estimate: 25%
Lupine
Target price: Rs 2600
Return Estimate: 22%
Indian Hotels
Target price: Rs 800
Return Estimate: 22%
UNO Minda
Target price: Rs 1900
Return Estimate: 18%
Motilal Oswal Financial ServiceTop picks of
Samvat 2081 : Anand Rathi Diwali Picks 2024
IFCI
Target price: Rs 80 and Rs 88
Return Estimate: 50.4%
IRB Infrastructure Developers
Target price: Rs 79, Rs 86
Return Estimate: 49.6%
JUPITER WAGONS
Target price: Rs 700, Rs 760
Return Estimate: 49%
HINDZINC
Target price: Rs 680, Rs 750
Return Estimate: 50%
TATA TECH
Target price: Rs 1360, Rs 1450
Return Estimate: 36.8%
GARDEN REACH SHIP & ENG
Target price: Rs 2425, Rs 2650
Return Estimate: 52.3%
BEML
Target price: Rs 4800, Rs 5400
Return Estimate: 42.1%
Samvat 2081 : Systematix Diwali Picks 2024
PNB Housing Finance
Target price: Rs 1333
Return Estimate: 43%
Shriram Properties
Target price: Rs 152
Return Estimate: 30%
Jana Small Finance Bank
Target price: Rs 700
Return Estimate: 30%
One 97 Communications
Target price: Rs 900
Return Estimate: 29%
Protean eGov Technologies
Target price: Rs 2459
Return Estimate: 27%
GMR Airports Infrastructure
Target price: Rs 108
Return Estimate: 25%
Lemon Tree Hotels
Target price: Rs 155
Return Estimate: 23%
National Aluminum Company
Target price: Rs 275
Return Estimate: 23%
Zomato
Target price: Rs 320
Return Estimate: 18%
Jash Engineering
Target price: Rs 3000
Return Estimate: 16%
Kotak Securities Muhurat Picks (Samvat 2081)
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ICICI Direct Research Muhurat Picks (SAMVAT 2081,
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Way2Wealth Muhurat Picks 2024
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Beginning of Samvat 2081
The Hindu calendar year starts from Diwali, which is called Samvat. This Diwali, Samvat 2080 is ending and the new Samvat 2081 will begin. Market analysts believe that Diwali is considered the ideal time to start anything new. It is said that investors get profit throughout the year by trading during this session. Muhurat trading takes place every year on Diwali. During this time, share brokers do trading for one hour after Lakshmi Puja. During this period, a block deal session takes place before normal trading. Trading is closed after a trading session of one hour. The practice of Muhurta trading started in BSE in 1957 and in NSE in 1992.
How was the market in Muhurat Trading 2023
Last year, on the occasion of Diwali on 12th November, Samvat 2080 had a strong start with Muhurta trading, which is continuing till now. On Muhurat Trading 2023, Sensex has gained 355 points and it closed at the level of 54259. Whereas Nifty strengthened by 100 points and closed at the level of 19526. On that day, 28 shares of Sensex 30 closed in the green. Top gainers included INFY, WIPRO, NTPC, ASIANPAINT, TCS, TITAN and RELIANCE.
(Disclaimer: The advice to invest in stocks has been given by the brokerage house. These are not the personal views of Financial Express. There are risks in the market, so take expert opinion before investing.)
