scorecardresearchFrom Maruti to Birla Soft: Religare Broking picks 5 top stock picks for 2023

From Maruti to Birla Soft: Religare Broking picks 5 top stock picks for 2023

Updated: 06 Jan 2023, 10:13 AM IST
TL;DR.
The calendar year 2022 turned out to be a roller-coaster ride for the participants. It was marked by multiple headwinds for the markets like geopolitical tensions, steep inflation rate hikes, and slowing economic growth, still there were pockets of opportunities. In a recent note, brokerage house Religare Broking noted that en though rising interest rate cycle is not likely to end in 2023, growth may not be impressive, corporate earnings may not justify higher valuations and the market may enter into a time correction; India will still remain best among the rest. This New Year will bring a lot of profitable stock specific opportunities, it said. The brokerage has listed 5 stocks for the upcoming year: