Some Stock Baskets to Invest this Diwali

  • Posted By :
  • Tuesday Oct 23, 2018

Diwali is one of the most popular festivals in India. On this day, people worship Lakshmi, the goddess of wealth and prosperity. Every family buys new clothes, sweets and gifts for one another. 
Investing in the stock market is one of the ways to increase your family’s wealth over the long term. Lot of investors all over the country take part in the exclusive ‘Muhurat’ trading session on Diwali to usher in prosperity and wealth. 
In this article, let’s find out some stocks you can invest through stock baskets offered by

Stock baskets you can invest this Diwali

Diwali Picks 2018 - Large Caps top picks for this Diwali in large cap space are identified by the research team for long term wealth creation. These include, HDFC Bank Ltd., Infosys Ltd., ITC Ltd., Sun Pharmaceutical Industries Ltd. and ICICI Bank Ltd.

Diwali Picks 2018 - Mid Caps top picks for this Diwali in midcap space are the midcap stocks identified by research team for long term wealth creation. These include, Escorts Ltd., Engineers India Ltd., Sonata Software Ltd., DCB Bank Ltd., NBCC (India) Ltd.

High-income margin basket

As the name suggests, the high-income margin basket contains five stocks that high income margin (Net profit as a percentage of revenue). This basket includes stocks such as Infosys, HCL Technologies, Power Grid Corporation of India, Adani Ports and Special Economic Zone, and Coal India. 

The Digital India basket

Technology is a crucial ingredient in the economic growth story of India. So, why not participate in this growth story by investing in companies that are significant players. Digital India is a trillion dollar business opportunity according to the Indian Ministry of Communications and IT. The Digital India basket (stocks that stand to gain from the Digital India initiative) includes stocks such as HDFC Bank, Honeywell Automation, ICICI Bank, Sterlite Technologies and Tata Consultancy Services. 

Food indulgence basket

The food indulgence basket is a thematic basket that includes top stocks from the food processing and restaurant industry. Stocks include Nestle India, KRBL, Britannia Industries and ITC.

Construction basket

Investing in a particular sector can offer you high returns. And at this point, the construction sector seems to be doing quite well. The construction basket  includes stocks from the construction industry based on factors such as good market capitalisation and a promoter shareholding of more than 60%. These include, Godrej Properties, Prestige Estate Projects, Kolte Patil Developers, Dilip Buildcon.

Go Green basket

Investing in companies that are environmentally conscious is a healthy way to invest in the stock market. The Go Green basket contains stocks that have a low carbon footprint. These companies emit less greenhouse gases and minimize the adverse effect on nature. The basket comprises stocks like Exide Industries, Tata Chemicals, IDFC and Havells India. 

So, even as you plan to purchase sweets, new clothes and firecrackers, make sure to include stocks in your list for a happy and prosperity-filled Diwali this year. As a retail investor, carry out careful research and analysis, before investing in stocks. You can conduct all your investments through; the one-stop shop for all your investment needs.

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