The year 2020 is ending on much firmer note then what it was looking when pandemic unfolded in the world economy. Efforts of Governmentsand Central Banks by way of giving stimuluses and printing money have led to the recovery in the global economy from the lows seen in quarter ending June’ 20 to where we are now. The stock markets that are always forward looking have marched up significantly surpassing their pre-covid levels sensing that the things would be near normal as we move into the next year getting boost from the medicine that looks very much insight.
Indian stock markets on the back of both government and central banks stimuli with record foreign in-flows have seen sharp run up which has become more broad-based that was initially restricted to few sectors like Information technology, Pharmaceuticals, etc. Good monsoon showers, record low interest rates together with authorities’ intent to boost broad based recovery including rural Bharat and infrastructure has led to increase in demand that is being reflected in buoyancy in tax collections, acceleration in pace of recoveries by banks and the confidence of the companies in the sectors like real estate, cement, metals, etc. pointing towards even better time as we move forward to the next year.
To keep you ahead of times, we at SMC Research Desk have jotted down few ideas keeping track of the developments that are happening in the local and global economy that are expected to be rewarding as we are moving in the new year.
SMC Research came out with an exclusive report "Diwali Dhamaka 2020" on 3rd November 2020 and out of the 9 stocks recommendation, 3 stocks met the targeted prices given in the report in less than 2 months.
*Calculated either on the target price in case of target met or other wise calculated on the CMP as on 16th December 2020.
|S.No.||Company Name|| Recommended Price
(as on 14.11.20)
(as on 30.12.20)
|Status/ CMP*|| Return
| Annualised Return
|1||ICICI Bank||417.10||516||525||Target Met||25.9%||200.9%|
|2||Tata Consumer||493.35||583||590.7||Target Met||19.7%||153.2%|
|4||Larsen & Toubro||929.20||1067||1278.5||Target Met||37.6%||291.9%|
|8||HCL Technologies||822.20||933||937.45||Target Met||14%||108.9%|
|9||Dr Reddy's Labs||4856.45||5848||5158.45||5158.45||6.2%||48.3%|
Professionally a CA, Mr. Murarka has strong 18 years of experience in the Derivatives. His specialization is Data Interpretation, which involves quasi-statistical techniques and formal statistics. “Nifty keNisaneBaaz”, “Nitin Ki PCR”, and “Nitin Option Wale" are some of his popular shows which are telecast in news channels such as Zee Business and CNBC Awaaz.
Mr. Jain possesses a strong experience of 17 years in Equities. He is a regular speaker on various news channels viz. ET Now, CNBC Awaaz, and Zee Business. Also have several references across various News agencies such as Reuter, National newspapers, and Publications. He is the Editor of SMC's Weekly Research Magazine - Wise Money, which has a wide readership and circulation.
Professionally an MBA, she possesses 16 years of experience in the domestic as well as in the international Commodity market. She is a regular speaker on various news channels such as CNBC Awaaz, Zee business, Doordarshan, etc. She also has several references in-various News agencies such as Reuter, National newspapers, and Publications.
Mr. Goyal has over 12 years of experience as a Technical analyst. He is a CFA and his expertise lies in analyzing the market trend and finding the best trading opportunities for the swing trades. He has a regular presence in Business channels such as CNBC Awaaz in a program like Future Express, AakhriSauda, and PehlaSauda. Recently, CNBC Awaaz has awarded him as the best Research Analyst in its program “Khiladi No. 1”. ‘Khiladi No.1’ is unique markets show with game-based programming.
He has a rich experience of more than 12 years in technical analysis. His expertise lies in identifying the best stocks and sectors from short to medium-term perspectives using technical chart patterns, indicators, and oscillators along with micro and macro-economic parameters. At the same time, he is also well versed in derivative data analysis. His regular appearance can be seen on print media like Moneycontrol along-with a presence on English business channels like Bloomberg Quint.
I am thankful to SMC research team for their guidance and recommendations value stocks. My overall experience with SMC has been quite good.
The stock picks provided by SMC's research team are value driven recommendations. They have delivered good returns. Kudos to SMC research.
SMC's fundamental stock ideas have delivered decent returns time & again. Congrats highly recommend.
Pay nil account opening charge for an integrated demat and online trading A/c.
Get free stock ideas and research reports from India’s award winning research desk.
Forget the hassle of physical forms and with eKYC open an A/c in 15 mins.
Trade with a powerful, feature rich and easy to use trading app across web, mobile and desktop.
Invest & trade in shares, mutual funds, IPOs, commodities & currency from a single interface.