Diwali was celebrated all over India on 20th October, but today Diwali will be celebrated in the stock market. The stock market will open for Muhurat trading today only for 1 hour. This time the Muhurat will be between 1:45 pm to 2:45 pm on the trading day. Most people buy stocks during Muhurta trading and want to keep them in their portfolio for a long time.
Muhurta trading as well as Indian stock market Will take entry in Samvat 2082. On this occasion, Vertex Broking has picked some stocks, which you can include in your portfolio based on your research.
The brokerage says the Indian market is showing resilience on the back of strong domestic demand, strong corporate earnings and stable macroeconomic conditions. In such a situation, these stocks bought on Muhurta trading can give you excellent returns. Some of the best shares selected by the brokerage firm are mentioned here.
Adani Ports and Special Economic Zone
The brokerage firm has chosen Adani Ports as the first stock for Muhurta trading. It has more than 25 percent market share and dominates the port sector. It has recorded 18 percent year-on-year growth in cargo volumes during Q2FY25, supported by strong performance at all major ports. The brokerage has set the target of this stock at ₹ 1,800, which is a growth of 22 percent.
Vari Energies’ target
Regarding Vaari Energies, the brokerage has given a target of ₹ 4,310 per share, which is a growth of 22% from the current price. The company is India’s largest solar PV module manufacturer with a capacity of more than 12 GW. The brokerage says that this company is playing a leading role in India’s renewable energy expansion. With government subsidies and India’s target of 500 GW of renewable capacity by 2030, Vaari Energies is expected to benefit from continued demand growth and policy-driven tailwinds.
Hindustan Aeronautics
The brokerage has given ‘buy’ rating on HAL, whose target price has been fixed at ₹ 6,470. This is a growth of 33% from the current level. The brokerage said that HAL’s performance remains excellent. On the strength of Tejas, helicopters and export opportunities, its order book has crossed Rs 1.89 lakh crore. The company is a major beneficiary of India’s defense indigenization and rising defense capital expenditure.
Coforge will give 41 percent return
The target price of this share has been fixed at ₹ 2,451, which is showing a rise of 41% from now. Coforge has consistently recorded double-digit growth and outperformed competitors in the mid-tier IT sector.
black buck’s target
Blackbuck has established itself as a top logistics technology company, which provides transport, port management and data solutions. It holds significant market share in many business sectors. Government initiatives like Gati Shakti Yojana and National Logistics Policy are expected to give a boost to this sector. The brokerage has given a target of ₹ 974 on this stock, which is showing an increase of 40 percent.
(Note- The targets of different companies mentioned here are the own views of the brokerage firm. Aajtak.in does not take responsibility for it. Before investing in any share, please take the help of your financial advisor.)
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