General Elections 2024: Phillip Capital believes incremental equity returns can be made on buy-on-dips; check top picks
Tata Motors and Bajaj Auto), cement (at 26 percent, UltraTech Cement), industrials (at 25 percent, Adani Ports and L&T), financials (at 16 percent, Bajaj Finance, Bajaj Finserv, HDFC Life, and SBI Life), and IT (at 15 percent, Tech Mahindra and LTI Mindtree)," it predicted. Top Picks: ICICI Bank, HDFC Bank, Maruti Suzuki, Tata Motors, Hero MotoCorp, L&T, ABB, BEL, UltraTech, Ambuja, JK Cement, Tata Steel, Hindalco, LTIMindtree, HCL Tech, Persistent, Ratnamani Metals, APL Apollo, Dr Reddy’s, Syngene, Finolex Cables, PG Electroplast, Kaynes Technology, Concor, Mahindra Logistics, GAIL, IGL, Shriram Finance, SBI Life, Aarti industries, SRF, GCPL, Nestle, Trent, Coromandel.
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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