Experts recommend buying stocks in BEL, NTPC, NHPC, and M&M for long-term growth
From Mint:
As the Lok Sabha election 2024 approaches, investors in the Indian stock market are looking for opportunities to buy low after a recent sell-off. Experts predict that sectors like infrastructure, defense, oil, power, renewable energy, PSU, auto, and banking may offer long-term returns. Market experts recommend stocks like BEL, NTPC, NHPC, M&M, Maruti Suzuki, ONGC, HAL, ICICI Bank, Axis Bank, SBI, and Canara Bank as good buys for the future. Segments like infrastructure, defense, power, and renewable energy are expected to benefit from a stable government post-election. Stock market holidays are expected next week for Holi and Good Friday. The advice is to focus on PSU, banking, and auto segments for potential growth. Strongly considering stocks like BEL, NTPC, NHPC, ONGC, HAL, M&M, Maruti Suzuki, SBI, and Canara Bank for long-term investments. It is important to consult certified experts before making any investment decisions.
Read more at Mint: Lok Sabha election 2024: BEL, NTPC, NHPC to M&M — experts recommend these 11 stocks to buy for long-term