Stocks to buy for long term: BEL, Reliance to SJVN — experts pick 10 fair-valued shares The Indian stock market has remained a ‘sell on rise’ market for the last six months. After climbing to a new peak of 26,277 on 26 September 2024, the frontline index finished at 22,397 on Thursday.
Stocks to Buy for Long Term: Experts Highlight 10 Fair-Valued Shares Amid Market Volatility
The Indian stock market has been a challenging terrain for investors, exhibiting a ‘sell on rise’ sentiment over the last six months. After reaching a remarkable peak of 26,277 on September 26, 2024, the frontline index has since plummeted to 22,397, raising concerns among market participants. However, amidst this turbulence, experts have identified 10 fair-valued stocks that hold promise for long-term investors.
1. Bharat Electronics Limited (BEL)
BEL has consistently showcased strong fundamentals and is poised to benefit from increased defense spending and modernization efforts.
2. Reliance Industries Limited
As a diversified conglomerate, Reliance continues to expand its footprint in various sectors, including telecom, retail, and renewable energy, making it a solid long-term bet.
3. SJVN Limited
With its focus on renewable energy projects, SJVN is well-positioned to capitalize on the growing demand for sustainable energy solutions.
4. Infosys Limited
As a leading IT service provider, Infosys is expected to leverage digital transformation trends, ensuring robust growth in the coming years.
5. HDFC Bank
HDFC Bank remains a top choice due to its strong asset quality and consistent performance in the banking sector.
6. Hindustan Unilever Limited (HUL)
HUL’s extensive product portfolio and strong brand presence make it a resilient player in the consumer goods space.
7. Tata Consultancy Services (TCS)
TCS’s leadership in IT services and continuous innovation position it well for sustained growth.
8. Maruti Suzuki India Limited
As the largest car manufacturer in India, Maruti Suzuki is set to benefit from the revival in consumer demand post-pandemic.
9. Asian Paints Limited
With a strong market share and brand loyalty, Asian Paints is likely to continue its growth trajectory in the paints and coatings sector.
10. Kotak Mahindra Bank
Kotak Mahindra Bank’s focus on retail banking and digital initiatives positions it favorably in a competitive landscape.
In these uncertain times, investors seeking stability and growth should consider these stocks for their portfolios. For exclusive deals and offers on investment products, visit Looffers.com to enhance your investing experience.
Invest wisely and stay informed to navigate the ever-changing dynamics of the Indian stock market!
