scorecardresearchSamvat 2079: YES Securities lists 7 Diwali stock picks with up to 26% upside; Check list

Samvat 2079: YES Securities lists 7 Diwali stock picks with up to 26% upside; Check list

Updated: 24 Oct 2022, 09:57 AM IST
TL;DR.

Samvat 2078 was not a very good one for the Indian markets, with the benchmark Nifty declining 5 percent since last Diwali. Amid the current chaos, it is important to expect and accept volatility as an inevitable factor as any bad news in Europe or any fresh escalation in the Russia-Ukraine hostilities can throw all asset classes out of sync, a report by YES Securities said. Having said that, India remains structurally positive even in this gloomy situation, it added. All in all, once a margin of safety is in place, certain pockets of opportunities will emerge and loom large. With a firm focus on these pockets of opportunities this year, the brokerage has recommend 'Splendid Seven Diwali Buys'. Let's take a look.