Exit Polls 2024: Modi-led NDA poised for third term with 350-370 seats; what should investors do next?
Coal India, M&M, Adani Ports, ABB, HPCL, and Hindalco.Midcaps: Indian Hotels, Godrej Properties, Global Health, KEI Industries, PNB Housing, Cello World, and Kirloskar Oil.Read here: ICICI Bank, SBI, L&T, among 15 stock picks by Motilal Oswal after exit pollsWe believe the small-cap and mid-cap stocks (SMID) can take a breather in the new term after a rally led by election results. Moreover, the laggard large-cap stocks are at a good tactical positioning.Among sectors, we like Real Estate, Industrials, and Power from a long-term perspective.
Within individual stocks, private financials like HDFC Bank, IndusInd Bank, and Kotak Mahindra Bank trade at significant discounts. We also like stocks such as Eicher Motors, TVS Motor Company, Coal India, ONGC, and select cement stocks like ACC and Shree Cement.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.Milestone Alert!
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