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
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.
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…
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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