On November 4, the stock market witnessed a huge decline. Both the index Sensex and Nifty closed down by about 1.5 %, while on Tuesday also the stock market opened with weakness.
This instability in the market has been continuing for the last one and a half months. The reason behind the decline on Monday is believed to be the US presidential election and the US Fed Reserve’s policy meeting on November 7.
However, the effect of instability in the market remains limited in the long term. But, it does not mean that short-term fluctuations are not a good idea to manage.
During this period of the market, market experts have given their suggestions on 5 large-cap stocks, which can increase by more than 25 percent.
Ambuja Cements
34 analysts have given a buy rating on Ambuja Cements Ltd. They say that investors are likely to get more than 66 percent return on this stock. The market cap for this stock is 140,706 crore rupees.
Ashok Leyland
After this, 39 analysts have started coverage of Ashok Leyland Ltd. He says that the share of the heavy vehicle manufacturer can give investors a return of more than 50 percent. Its market cap is 61,340 crore rupees.
Coal India
At the same time, 22 market experts have recommended the shares of government-owned company Coal India Ltd. They have jointly advised us to buy this stock.
They say that it can rise by 38.5 percent during the next one-year period. The market valuation of this company is Rs 2,67,955 crore.
JSW Energy
Apart from this, 12 experts have suggested JSW Energy Ltd. They have advised me to buy this stock.
They hope that this stock is capable of giving a return of more than 35 percent in the future. Its market cap of the firm is 1.14 Lakh crore rupees.
Sun Pharma
Sun Pharmaceuticals Industries Ltd’s name comes last on this list. 34 analysts have given their recommendation on this stock.
One has predicted that this stock can give a profit of more than 35 percent shortly. Its market capitalization is Rs 4,32,480 crore.
Quick Fact
| Company name | Ambuja Cements |
|---|---|
| Analyst coverage | 34 analysts |
| Recommendation | Buy |
| Market cap | ₹1,41,593 crore |
| Expected return | More than 66% |
| Possible time | Short term |
Company name: Ashok Leyland
| Company name | Ashok Leyland |
|---|---|
| Analyst coverage | 39 analysts |
| Recommendation | Buy |
| Market cap | ₹62,340 crore |
| Expected return | More than 50% |
| Possible time | Short term |
Company name: Coal India
| Company name | Coal India |
|---|---|
| Analyst coverage | 22 analysts |
| Recommendation | Buy |
| Market cap | ₹2,67,955 crore |
| Expected return | 38.5% |
| Possible time | One year |
Company name: JSW Energy
| Company name | JSW Energy |
|---|---|
| Analyst coverage | 12 analysts |
| Recommendation | Buy |
| Market cap | ₹1.14 Lakh crore |
| Expected return | More than 35% |
| Possible time | Short term |
Company name: Sun Pharma
| Company name | Sun Pharma |
|---|---|
| Analyst coverage | 34 analysts |
| Recommendation | Buy |
| Market cap | ₹4,32,480 crore |
| Expected return | More than 35% |
| Possible time | Short term |
Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.
