Nine best stocks for your portfolio to secure healthy returns by next Holi
In a rising interest rate environment, banks stand to gain the most as banks and financial organizations have significant cash holdings due to customer balances and business activities that would yield high interest.
Tata Elxsi is a multibagger midcap IT stock that outperformed last year. Tata Elexi offers end-to-end engineering solutions to their clients.
Tata Steel has been the buzzing stock for the last year due to the upcycle in metal prices. Tata Steel is one steel sector stock that has outperformed all others.
The larger the distortion the more attractive the stock is. Valiant Organics has been a story we have been following for several years that is in the specialty chemicals space.
KSB is an MNC available at comfortable valuations. The company manufactures pumps and valves for various industries. KSB is an MNC available at comfortable valuations. The company manufactures pumps and valves for various industries.
Adani Wilmar commands an 18.3 percent market share in edible oil. The company is the biggest oleo synthetic producer in India
ICICI Bank continues to witness strong growth in retail deposits and has succeeded in building a robust liability franchise over the past few years.
Lodha is one of the largest real estate developers in India, benefitting from the recent demand pick-up and the optimism behind the expected upcycle.
Respectively, followed by IT and Realty that surged 37 percent each. Oil & Gas, Capital Goods, Energy and Healthcare indices gained 16-32 percent, while Auto, Finance and FMCG underperformed others, registering 8-9 percent gains.
Despite several risks emerged in the second half, the market has delivered solid returns of 19 percent since last Holi festival though it is still 7.5 percent off its record highs reached in October 2021.
Every sector participated in the run with Metal and Power being the largest gainers with 56 percent and 59 percent returns