7 Stocks To Buy And Beat The Brexit Blues

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The Brexit means companies doing business abroad, particularly in the EU region, may find revenues being hit. Domestic consumption stories, that have very little exports are great stories. Here are 7 such stock ideas:


HPCL is a company that refines crude. Crude has crashed, following the Brexit leading to benefits for the company. The company also is a pure domestic consumption play, that stands to gain.

A good bet at the current price of Rs 992.

Hero Motor Corp

Hero Motor Corp is the largest two-wheeler maker in the world.

Better monsoon, means better rural demand for its motorcycles. The company again is a pure domestic consumption play.

Coromandel International

Coromandel international is the second largest phosphatic fertilizer player in the country. The company is a great play on hopes of a good monsoon recovery. We believe the stock has the potential to rally from here.

A good bet at the current price of Rs 256.

Canara Bank

There were reports that a few PSU banks are set to be merged with the Canara Bank. This is likely to be extremely beneficial for Canara Bank. PSU Banks have seen substantial rally in the last few weeks. We believe there is more steam ahead.

Canara Bank was last trading at Rs 211.


We believe that BPCL would benefit from falling crude prices. Refinery stocks are slated to benefit with BPCL likely to rally. The Brexit could spark a recession, which would lower crude prices and benefit BPCL.

The stock was last trading at Rs 1051.

Syndicate Bank

Syndicate Bank is one of the better managed PSU banks in the country. The stock has risen in the last few weeks, as hopes are that NPAs may have peaked. A good bet at the current levels of Rs 72. 

Mahindra and Mahindra

Mahindra and Mahindra is the largest tractor player in the world. The company is likely to benefit from a improvement in agriculture output and good monsoons. The company's automobile division has also been doing well.

A good bet at the current price of Rs 1408.

Read more about: brexit, stocks
Story first published: Wednesday, June 29, 2016, 8:50 [IST]
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