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Mahurat Trading 2019: Stock Recommendations From Brokerages

By Staff

On the occasion of Laxmi Pujan in the Diwali season, investors in India consider it auspicious to purchase equity. Stock exchanges in India facilitate this belief by organising a 1-hour Mahurat trading session on the day of Laxmi Pujan and the session coincides with the beginning of the Hindu calendar year or Vikram Samvat.

Mahurat Trading 2019

Mahurat Trading 2019

This year, stock exchanges NSE and BSE will be open for Mahurat Trading on Sunday, 27 October.

  • Pre-opening session: 6:00 pm to 6:08 pm
  • Trading session: 6:15 pm to 7:15 pm

All trades executed in this Diwali Mahurat trading session shall result in settlement obligations.

Ahead of the session, several brokerages have made recommendations based on their research that are likely to give investors good returns on their purchases made on the auspicious day over a period of 6 months to 1 year.

HDFC Securities

HDFC Securities

Recommendations Target price (Rs)
Affle India 1,348
Amber Enterprises 1,140
Apollo Hospitals 1,629
Bajaj Auto 3,447
BEML 1,048
Deepak Nitrite 348
Fairchem Speciality 569
GRSE 202
Muthoot Finance 751
SBI Life Insurance 965
Sudarshan Chemical 460
Ultratech Cement 4,980
Angel Broking

Angel Broking

  • ICICI Bank
  • HDFC Bank
  • RBL Bank
  • Shriram Transport Finance
  • Amber Enterprises
  • Blue Star
  • Safari Industries
  • TTK Prestige
  • Maruti Suzuki
  • GMM Pfaudler
  • Larsen & Tourbo
  • KEI Industries
  • Ultratech Cement
Axis Securities

Axis Securities

  • Hindustan Unilever
  • Kotak Mahindra Bank
  • ICICI Bank
  • Asian Paints
  • HCL Technologies
  • SBI Life Insurance
  • Dr Reddy's Labs
  • Aarti Industries
  • MindTree
  • Dixon Technologies
  • Lumax Industries
ICICI Direct Research

ICICI Direct Research

  • Kansai Nerolac
  • Supreme Industries
  • JK Cement
  • United Breweries
  • Dabur India
  • Axis Bank
  • Tech Mahindra


Recommendations Market price as on 14 Oct (Rs) Estimated earnings per share for FY20 (Rs) Estimated return on equity (%) for FY20
Atul 4,022 193.60 19.30
Bata India 1,730 32.80 22.10
Colgate Palmolive 1,525 33.30 59.40
HCL Technologies 1,086 74.60 23.00
ICICI Bank 429 176.90 11.30
Kotak Mahindra Bank 1,584 262.40 13.70
Larsen & Toubro 1,423 71.90 15.20
Mahanagar Gas 942 68.20 26.20
Polycab India 674 43.50 19.20
Reliance Industries Limited 1,358 82.20 12.60
Spandana Sphoorty 1,090 424.60 18.60
UltraTech Cement 4,180 149.30 14.20
Motilal Oswal Financial Services

Motilal Oswal Financial Services

Large caps

  • ICICI Bank
  • SBI
  • HDFC
  • Bharati Airtel
  • Larsen & Tourbo
  • Hindustan Unilever Limited
  • Titan

Mid caps

  • Indian Hotels
  • MMFS
  • JK Cement
  • Colgate
  • Petronet LNG
  • PI Industries

Read more about: mahurat trading investment diwali
Story first published: Friday, October 25, 2019, 16:27 [IST]
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