5 best stocks – The Indian stock market has been delivering strong returns to investors over the past few days, as it continues to rise. Global markets are also seeing gains. The Dow Jones Industrial Average has seen a rise of 112 points. The SGX Nifty is also in the green. Retail inflation has also declined in the Indian market.
As a result, domestic markets closed with gains in the last trading session (January 13). Meanwhile, corporate updates have made the shares of several companies attractive from an investment perspective. Brokerage houses have recommended investing in these five best stocks. By investing in these five best stocks, investors can expect strong returns of up to 30% from current stock prices.
1. Cyient
Brokerage firm Motilal Oswal has a buy call on Cyient stock. The target price is ₹1,100 per share. The stock price on January 13, 2023, was ₹876. Consequently, investors could expect a future return of ₹224 per share, or approximately 25%.
2. Infosys
Brokerage firm Nuvama Wealth has a buy call on Infosys stock. The target price is Rs 1,900 per share. The stock price on January 13, 2023, was Rs 1,504. Thus, investors could expect a future return of Rs 396 per share, or 26%.
3. Zydus Lifesciences
Brokerage firm Sharekhan has a buy call on Zydus Lifesciences stock. The target price is ₹563 per share. The stock price on January 13, 2023, was ₹440. Thus, investors could expect a future return of ₹123 per share, or 28%.
4. Coal India
Brokerage firm Sharekhan has a buy call on Coal India stock. The target price is ₹280 per share. The stock price on January 13, 2023, was ₹215. Thus, investors could expect a future return of ₹65 per share, or 30%.
5. Sun Pharma
Brokerage firm Sharekhan has a buy recommendation on Sun Pharma stock. The target price is Rs 1,300 per share. The stock price on January 13, 2023, was Rs 1,031. Thus, investors could expect a future return of Rs 269 per share, or 26%.
Stock Performance Summary Table
| Company | Brokerage Firm | Target Price (₹) | Current Price (₹) | Expected Return (%) |
|---|---|---|---|---|
| Cyient | Motilal Oswal | 1,100 | 876 | 25% |
| Infosys | Nuvama Wealth | 1,900 | 1,504 | 26% |
| Zydus Lifesciences | Sharekhan | 563 | 440 | 28% |
| Coal India | Sharekhan | 280 | 215 | 30% |
| Sun Pharma | Sharekhan | 1,300 | 1,031 | 26% |
Disclaimer – We do not endorse the information or investment advice provided on cryptoinvestips.com; these are the personal views and opinions of experts. Please consult a stock market expert before making any investment decisions.
FAQs
1. Which stock offers the highest expected return?
According to brokerage recommendations, Coal India has the highest potential return of 30%.
2. Are these stock recommendations verified?
These are expert recommendations from brokerage firms like Motilal Oswal, Sharekhan, and Nuvama Wealth, but investors should verify independently.
3. Is it safe to invest in these stocks now?
While market conditions are improving, investors should assess their risk tolerance and consult financial advisors before investing.
4. Which sector shows the most promise currently?
The IT sector (Infosys, Cyient) and the pharma sector (Zydus, Sun Pharma) are performing steadily with strong growth potential.
5. What factors influence short-term stock returns?
Key drivers include global indices movement, inflation data, and corporate earnings updates.
Key Takeaway
The Indian stock market remains resilient, with select stocks offering returns up to 30%. Brokerage firms are optimistic about IT, pharma, and energy stocks. However, investors must stay informed, track market trends, and invest wisely after consulting experts.
