Mumbai: The last one year has been very volatile for the domestic stock markets . The NSE Nifty revolved around the 25,000 level most of the time and the performance of the whole year was almost flat. The impact of geo-political tension, tariff war and political changes in global economies affected the market movement. Inflation below 3 percent, GDP rate of about 7 percent and a reduction in the interest rate of 100 basis points strengthened the economy. Brokerage ICICI Direct has suggested some stocks which investors can consider for buying around the Diwali festival.
Brokerage ICICI Direct has initiated Buy rating for the shares of AIA Enegineering, Allied Blenders & Distillers, Keyence Technology, Data Patterns, Greenlam Industries, HDFC Bank, Larsen & Toubro, and Credit Access Gram