SBI Securities Lists 11 Diwali Stock Picks with 22% Upside
SBI Securities has identified 11 stocks with up to 22% upside potential as India approaches Diwali and the Samvat 2083 year. The brokerage expects a gradual equity market recovery driven by crude oil prices falling below $90 per barrel. Optimism is based on double-digit earnings growth, a likely US-India trade deal, export diversification, AI trade shifts, and ongoing government reforms. Auto, capital goods, defense, and aerospace sectors are seen as key wealth creators.
ET Markets·



