Mahurat Trading 2019: Stock Recommendations From Brokerages
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
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
| 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
- 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
- Hindustan Unilever
- Kotak Mahindra Bank
- ICICI Bank
- Asian Paints
- HCL Technologies
- SBI Life Insurance
- Dr Reddy's Labs
- Aarti Industries
- MindTree
- RITES
- Dixon Technologies
- Lumax Industries
ICICI Direct Research
- Kansai Nerolac
- Supreme Industries
- JK Cement
- United Breweries
- Dabur India
- Axis Bank
- Tech Mahindra
ShareKhan
| 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
Large caps
- ICICI Bank
- SBI
- HDFC
- Bharati Airtel
- Larsen & Tourbo
- Hindustan Unilever Limited
- Titan
Mid caps
- Indian Hotels
- MMFS
- ABFRL
- JK Cement
- Colgate
- Petronet LNG
- PI Industries


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