December 2, 2020

Market and Financial News Aggregator

10 stocks that brokerages believe can give up to 50% returns in Samvat 2077

1 min read

Brokerages are betting on IT, pharma and select telecom companies in the new Samvat year 2077 following a volatile Samvat 2076, which has been plagued by the Covid-19 pandemic gripping the world. Samvat is the Hindu calendar that starts on the Muhurat trading day.Markets are entering the new Samvat at record highs, having gained almost 62% from three-year lows hit in March, with economic data showing improvement and earnings for the latest quarter exceeding market expectations. Nifty has gained 5.5% in Samvat 2076. ET takes a look at the top stock picks of brokerages for Samvat 2077.

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