Tata Consultancy Services Ltd: Reason: TCS is the largest IT services company in India and is renowned globally for its IT services, consulting, and solutions. With a strong market presence and steady growth, TCS is often considered a reliable stock in the IT sector.
HCL Technologies Ltd: Reason: HCL Technologies is a leading global IT services company known for its expertise in software development, infrastructure management, and engineering services. It has a strong client base across various industries and a reputation for innovation.
Cipla Ltd: Reason: Cipla is a leading pharmaceutical company in India known for its wide range of pharmaceutical products and presence in over 80 countries. It has a strong focus on generics, respiratory, and other therapeutic segments, with a reputation for quality and innovation.
Sun Pharmaceutical Industries Ltd: Reason: Sun Pharma is one of the largest pharmaceutical companies in India and has a significant global presence. It is known for its diverse portfolio of generic and branded pharmaceutical products, making it a preferred choice in the pharma sector.
Jagran Prakashan Ltd: Reason: Jagran Prakashan is one of India’s largest media conglomerates with a focus on print and digital media. It owns Dainik Jagran, one of the most widely circulated Hindi newspapers in India, and operates digital news portals and outdoor advertising services.
DB Corp Ltd: Reason: DB Corp, also known as Dainik Bhaskar Group, is another prominent media company in India. It owns Dainik Bhaskar, a leading Hindi-language daily newspaper, and operates radio stations under the brand name My FM. It has a strong presence in regional media markets.
Steel Authority of India Ltd: Reason: Steel Authority of India (SAIL) is one of India’s largest steel-making companies, operating integrated steel plants across the country. It plays a crucial role in India’s infrastructure development and construction sectors.
Tata Steel Ltd: Reason: Tata Steel is a global steel company with operations in India and international markets. It is known for its integrated steel production capabilities, diverse product range, and strong brand reputation.
State Bank of India: Reason: State Bank of India (SBI) is India’s largest public sector bank, with a vast network of branches and a significant market share. It plays a pivotal role in the country’s banking sector and offers diverse financial services to a broad customer base.
Axis Bank Ltd: Reason: Axis Bank is another prominent private sector bank in India, known for its innovative banking solutions, strong corporate banking presence, and growing retail banking segment. It has shown consistent improvement in profitability and asset quality.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy trading 😊
