Muhurat Action @ 6:00 PM – Friday, November 1st 2024

*Auspicious Muhurat Action @ 6:00 PM – Friday, November 1st 2024*

Dear Valued Investor!!

With benchmark Nifty’s spectacular 24% higher close to Samvat 2080 on the rear-view mirror —— the good news is that the front view looks even more exciting and promising.

Well, the bullish cheerfulness on our bourses was sky high optimism which is undoubtedly high on backdrop of enthusiasm over:

1) The optimism that the Federal Reserve will be successful in engineering a “soft landing” for the U.S. economy.
2) Strong GST Numbers suggest robust pace of growth.
3) Strong retail participation.
4) Middle-East hostilities could wane amidst diplomatic efforts to keep the Israel-Hamas war from exploding.
5) Decline in WTI oil prices towards $67.50 per barrel.

The Good News: The excitement for Diwali festivity is really seen warming up Dalal Street on hopes of rate from the RBI this December 2024.

Now, as we head towards an electrifying and sparkling Muhurat session this evening at 6 PM IST, we take this opportunity to wish all our valued readers, ‘a very pleasant and safe Deepavali and Prosperous Samvat 2081’.

Meanwhile, we have come up with our ‘Diwali Picks 2024’.

The 5-preferred stocks mentioned in ‘Diwali Picks 2024’ have a balanced investment approach with familiar names and with fabulous flight potential.

We believe these stocks will bring prosperity to your portfolio. All of them have a chance to be the best growth stocks in 2024-25 and beyond. We recommend these value picks for investment on ‘Accumulate’ basis, which we feel have lots of value in terms of growing business, improving margins, better balance sheet /cash flows, etc.

Let’s Welcome Lakshmi With Our Muhurat Picks.

Sr. Number Stock CMP (As on 31st October 2024). Market Cap (Rs. CR)

1 AXIS BANK  ( 1167)  370253
2 BOMBAY DYEING (234)  5156
3 JYOTI CNC AUTOMATION (1152) 25346
4 MPHASIS BFL (2884) 58579
5 NALCO  (228) 42632
6 NTPC (408) 412060
7 NUVAMA WEALTH MANAGEMENT (6982) 25462
8 POLYPLEX CORPORATION (1145) 3632
9 TATA POWER (440) 144925

On that igniting note, we again take this as an opportunity to wish all our readers a very pleasant and safe Deepavali and Prosperous Samvat 2081.

Happy Investing!!

*Disclaimer/ Disclosure:* The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

🙏🇮🇳