Diwali 2023 offers a perfect recipe for a strong, sustained upside in Indian Equities. Know why?
Since Diwali of 2021 until now, Nifty returns have been much muted. Nifty closed on 7/11/2023 at 19406, up only 9% from 17916.8 on Diwali 2021 (4/11/21). Yes, there have been significant returns on some internals, namely the entire PSU basket, be it defence, railways, utilities, capital goods, power, and power finance. Some sectors, like technology and metals (namely, sectors sensitive to globa...
Diwali Picks 2023 By ARETE Securities
ICICI Bank
FUNDAMENTAL VIEW
* ICICI Bank is India's leading private bank, with operations spread in many countries like United Kingdom, Canada, United States, Singapore, Bahrain, Hong Kong, Sri Lanka, China, Qatar and UAE.
* Apart from corporate and retail banking, its presence in in the areas of Stock Broking, Investment Banking, Life and Non-Life Insurance, Venture Capital and Asset Management, offers an opportunity to ride on diverse financial businesses in India.
* After t...
Diwali Picks : Stock Idea - Samwat 2078 By Monarch Networth Capital