As we approach the festive season, it’s time to start thinking about Muhurat trading and which stocks to keep an eye on. Here are the top 5 stocks to consider for your watchlist:
1. Reliance Industries Limited (RIL): RIL is a leading conglomerate with interests in various sectors such as petrochemicals, refining, and telecommunications. The company has shown strong performance over the years and continues to be a favorite among investors.
2. Tata Consultancy Services (TCS): TCS is one of the largest IT services companies in India and has a strong presence in the global market. The company has a track record of delivering consistent growth and is well-positioned to benefit from the digital transformation trend.
3. HDFC Bank: HDFC Bank is one of the largest private sector banks in India and has a strong presence in the retail banking segment. The bank has a solid financial position and a proven track record of delivering consistent returns to its shareholders.
4. Infosys: Infosys is another major player in the IT services sector and has a strong reputation for its technology solutions. The company has been focusing on digital services and is well-positioned to capitalize on the growing demand for digital transformation.
5. Larsen & Toubro (L&T): L&T is a leading engineering and construction company in India with a diversified business portfolio. The company has a strong order book and is well-positioned to benefit from the government’s infrastructure push.
These stocks have shown resilience and strong performance in the past, making them worth considering for your Muhurat trading watchlist. Remember to do your research and consult with a financial advisor before making any investment decisions.