September 19, 2024

Stocks To Buy For 2023: New Year Investment Planning, Try Your Luck, Get Bumper Returns… – stocks to buy in 2023 top picks that will give you high returns


Mumbai: The new year has started and from today the stock market will start working in the country and abroad. While 2022 proved to be up and down for investors along with the market, the new year will try to infuse investors with renewed enthusiasm in their portfolios. This year will once again provide an opportunity for investors to add income-earning stocks to their strong portfolios. If you are looking for strong stocks for 2023, today we are going to tell you about them.

In 2022, the Indian stock market has outperformed the global market. Compared to other developed markets, there are no signs of a slowdown in India and inflation is largely under control. Also, most of the broking companies expect the same trend to continue in 2023 as well. Sectors and companies focusing on the Indian market are expected to perform well going forward.

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Brokerage firm Axis Securities said the Indian economy is looking strong against the backdrop of a volatile global economy. If the market performs well in the next 6-9 months, then according to Axis Securities, there is a huge potential in the market. Markets are also expected to continue to be influenced by evolving macroeconomic data points over the next 6-9 months, with the US Fed likely to pause rate hikes sometime in mid-2023, even as the US central bank, the Fed Reserve, has signaled interest rate hikes at low rates going forward. The brokerage house believes. Domestic brokerages have picked 10 stocks, which could rise up to 25 percent in 2023…

Work news! Stock market closed for 15 days in the new year! See the complete list of holidays

Hindustan Unilever : Target price 3,000
V-Mart Limited: Target price Rs. 3,500
Trent Limited: Target price Rs. 1,650
Rights Limited: Target price Rs. 405
Federal Bank: Target price Rs. 160
MAS Financial Services Limited: Target Price Rs. 955
Cholamandalam Invest & Finance: Target price Rs. 845
Cipla Limited: Target price Rs. 1,260
Astral Limited: Target price Rs. 2,280



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