94 stock picks for your portfolio before Nifty hits 25,200

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The Economic Times

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Jun 28, 2024, 3:02:28 AM (2 days ago) Jun 28
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THE ECONOMIC TIMES
Fri, Jun 28, 2024 | 09:30 AM IST

ET Investment Opportunities

94 stock picks for your portfolio before Nifty hits 25,200

ICICI Securities' technical analysis forecasts Nifty reaching 25,200 by December 2024, supported strongly at 22,200. Midcaps and smallcaps indices are in a structural uptrend, expected to gain over 16% by year-end.

15 rural theme stock ideas with upside potential of over 18%

For the first time in five quarters, rural demand has outpaced urban demand. Rural volume growth was 7.6% in Q1CY24 vs 5.7% urban volume growth in the same quarter reflecting the evolving rural market dynamics.

Domestic brokerage firm, Way2Wealth believes that the expectation of better monsoon and rural policy push by the government can lead to sustainable growth in the coming quarters, thus driving rural demand and economy.

Recognizing the significance of the rural market, which still accounts for 65% of the country’s population, Way2Wealth listed 15 picks involved in the rural sector:

Morgan Stanley sees 7-35% upside for new-age stocks

"We see macro factors aligning (multiple re-rating for growth stocks in India and other regions, tight PE/VC money keeping the competitive environment benign) with micro factors (strong execution reflected in market share gains, margin improvement driving profit upgrade cycle) and supporting share prices," said Morgan Stanley's analysts in a client note.

PVR Inox, Suzlon among 8 stocks to buy for robust returns in short term

The equity markets ended last week on a low due to profit booking at higher levels. Analysts suggest that sector-specific developments this week could be influenced by the outcome of the GST meeting.



"The market is expected to trade sideways next week due to the absence of strong buying or selling triggers," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.

In this setup, here are 8 stocks that you can consider buying for robust returns in the short term.

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Top Mutual Funds
SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%)
ICICI Prudential BHARAT 22 FOF Direct - Growth 0.13 23.33 69.01 40.11
Quant Focused Fund Direct-Growth 3.09 21.96 53.57 23.99
JM Large Cap Fund Direct Plan-Growth 3.96 21.41 49.94 22.73
ICICI Prudential Bluechip Fund Direct-Growth 4.18 17.54 41.89 21.79
Baroda BNP Paribas Large Cap Fund Direct-Growth 4.79 22.15 45.09 21.01
Deepak Shenoy hunting for winning stocks in 5 key megatrends

It is difficult to gauge changes in core fundamentals in just two weeks, but it appears that there is a level of political continuity that is acceptable to markets. It isn’t just retail investors; by June 24, foreign portfolio investors have added Rs 13,000 crore into equity markets as well. In the short term, the markets are slaves of liquidity, and the inflows seem to be strong.

2 multi cap MFs turn Rs 30,000 monthly SIP into Rs 1 crore in 10 years

Investing Rs 30,000 monthly in two multicap funds, managed by ETMutualFunds, turned into Rs 1 crore in 10 years. Quant Active Fund and Nippon India Multi Cap Fund achieved this milestone, with XIRRs of 22.90% and 18.16% respectively.

6 chemical stock ideas with upside potential of up to 100%

Chemical sector looks ripe to domestic brokerage firm InCred Equities and seems ready for a fresh up-cycle which is expected to last for the next few years.

These stocks have either reversed from a long-term support or made a multiyear breakout retest which makes them quite safe as compared to the stocks which are witnessing a breakout which can fail if the markets correct, says InCred Equities.

Below is the list of stock ideas:

Sandip Sabharwal on 4 bank stocks that may outperform D-Street

There is not much change in what I thought could do well. So, I think as the only basket where people can reconsider potentially is on the consumption side where if there are normal monsoons and there are some tax sops, so that is where some sort of recovery could play out.

9 equity MFs offer over 250% absolute return in both 5 and 7 years

Around nine equity mutual funds have offered more than 250% absolute return in both five and seven years. Around 166 equity mutual funds have completed seven years of existence in the market, according to the data by ACE MF.


3 top stock recommendations from CA Rudramurthy BV

Let us see how even budget comes out and then take aggressive position. So, for sure, this is not the time to take aggressive position, not to be in high beta and one has to have reduced leverage and risk management will hold the key if you are a very short-term trader.

Initial Public Offer (IPOs)
IPO Name Offer Price Band Open Date Close Date
 
Nephro Care India Ltd. 85.00 - 90.00 28-06-2024 02-07-2024
Vraj Iron & Steel Ltd. 195.00 - 207.00 26-06-2024 28-06-2024
Diensten Tech Ltd. 95.00 - 100.00 26-06-2024 28-06-2024
More >>
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Shoppers Stop aims to open 60 new INTUNE stores in FY25 Shoppers Stop aims to open 60 new INTUNE stores in FY25
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Food contamination cases: E-tailers turn more watchful, prepare to delist errant manufacturers Food contamination cases: E-tailers turn more watchful, prepare to delist errant manufacturers
A human finger found in an order of ice cream recently brought food etailing into sharp focus. Following this weird episode, etailers are beginning to cast a keen eye on their suppliers, and bringing new policies with provisions to penalise errant partners.
RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity
BUDGET EXPECTATIONS: The Retailers Association of India (RAI) has urged the Union Budget FY25 to focus on lowering individual taxes to boost demand and consumption. RAI's pre-Budget recommendations include low-cost financing, subsidies on land and electricity, and the adoption of supportive policies to strengthen the retail sector, which contributes 10% to India's GDP
Titan Eye+ to resume expansion strategy amid growing eyewear market Titan Eye+ to resume expansion strategy amid growing eyewear market
Titan Eye+, an eyewear retailer, will resume network expansion from July. The company, an arm of Titan, has over 900 stores across 350 cities and recorded earnings of Rs 707 crore in fiscal year 2023-24. The company is aiming to expand its premium eyewear market share to 10% or less, with the launch of retail store Runway for premium sunglasses.
Reliance Retail sets the ball rolling on delivery in an hour, starts pilot service in Mumbai, Navi Mumbai Reliance Retail sets the ball rolling on delivery in an hour, starts pilot service in Mumbai, Navi Mumbai
Reliance Retail's Mumbai delivery service aims for quick fulfillment in 30-45 minutes, integrating with kirana stores for wider reach. The company is utilising tech platforms like FYND and Locus for efficient operations.
NFO - Non FMPs
Fund Name Category Type Open Close Min Inv
 
HDFC NIFTY100 Low Volatility 30 Index Direct-G Equity: Large Cap Open-ended 21 Jun 2024 05 Jul 2024 100.0
HDFC NIFTY100 Low Volatility 30 Index Reg-G Equity: Large Cap Open-ended 21 Jun 2024 05 Jul 2024 100.0
Bandhan Nifty Total Market Index Direct-G Equity: Flexi Cap Open-ended 24 Jun 2024 05 Jul 2024 1,000.0
Bandhan Nifty Total Market Index Reg-G Equity: Flexi Cap Open-ended 24 Jun 2024 05 Jul 2024 1,000.0
Mirae Asset Nifty EV and New Age Automotive ETF-G Equity: Thematic Open-ended 24 Jun 2024 05 Jul 2024 5,000.0
More >>
Views and Recommendations
Warren Buffett sours on banks and likes (gulp!) gold
15 August, 2020, 10:50 AM IST
Buffett, the fifth-richest person in the world, has loved few things more in his life than sweets, soda and compound interest — but banking stocks have come pretty close. Buffett was there to boost them during and after the last crisis, and he’s remained a top shareholder in most of the big U.S. banks.
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