Samvat 2081 stocks to buy: 10 cracker ideas from Motilal Oswal this Diwali
- Posted on October 26, 2024
- By Business News Today
- 2 Views
Samvat 2081 stocks to buy: 10 cracker ideas from Motilal Oswal this Diwali
India’s economy grew 8.2% in FY24 and 6.4% in Q1FY25, with a positive outlook supported by strong macro indicators. Despite a 7% recent correction, the Nifty has gained 26% in Samvat 2080 (14th Nov 2023 to 24th Oct 2024), fueled by strong earnings, political stability, and resilient domestic inflows.However, corporate earnings are beginning to moderate after four consecutive years of robust double-digit growth, pressured by rising commodity costs and waning benefits from BFSI asset quality improvements.Expecting sectors linked to domestic structural and cyclical themes to do well, domestic brokerage firm Motilal Oswal has highlighted 10 stocks for Samvat 2081 with upside potential of up to 47%: Cracker Ideas