Samvat 2079– the Hindu brand-new year beginning on October 24– might be a test of nerves as financiers brace for more unpredictability with the possibility of an economic downturn in the West towering above markets. With increased geopolitical issues, raised inflation, and continued rate tightening up by reserve banks keeping financiers on the edge, a broad-based bull run in the brand-new Samvat appears not likely. Experts stated some stocks might still emerge as winners. ET has actually assembled a list of 30 such stocks– 10 each from large-cap, mid-cap, and small-cap sectors– suggested by the 10 leading brokerages. AXIS SECURITIES ITC LTP: Rs 346|Target: Rs 380 The healing in the cigarette organization and uptick in agri, hotels, and paperboard in the near term makes ITC a much better play in the whole FMCG pack where appraisals are high LTP: Rs 57|Target: Rs 70 The stock is poised for a re-rating, offered the constant enhancement in the bank’s property quality and its technique to enhance running efficiency with anticipated operating utilize and remarkable return ratios over FY23-25 LTP: Rs 763|Target: Rs 870 Large headroom for growth, as the business prepares to open over 200 shops in the next 3-4 years, suggesting an extra 40-50 shops every year. CENTRUM BROKING Sun Pharma LTP: Rs 977|Target: Rs 1,130 The business provided better incomes development led by continued lucrative development in the speciality portfolio, sustained strong efficiency in domestic formulas, and stable development from international markets. LTP: Rs 269|Target: Rs 315 Technology-driven personalized items, substantial exports, and after-market services are essential strengths
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