Business

Diwali 2018: Samvat 2075 will begin with a 60-minute special trading session on WednesdaySamvat 2074 or the year from Diwali 2017 to Diwali 2018 has fetched lukewarm returns to investors in the domestic stock markets.

BSE and NSE benchmark indices - Sensex and Nifty - gave returns of 7.4 per cent and 3.1 per cent since Diwali 2017 respectively.

This is significantly lower than returns of 16 per cent and 17.5 per cent in the previous year (Samvat 2073).

The year - Samvat 2075 - will begin with a 60-minute special trading session on Wednesday, November 7.

Trading will begin at 5:30 pm and stop at 6:30 pm. Meanwhile, brokerages have shared their top picks for your equity investments this Diwali:IDBI Capital MarketsHere are some of the Diwali stock picks shared by IDBI Capital Markets:StockTarget priceHero MotoCorpRs 3,330Petronet LNGRs 276Yes BankRs 290Aurobindo PharmaRs 915Titan CompanyRs 1,017(Source: IDBI Capital Markets)  Nirmal BangHere are five stocks recommended by Nirmal Bang:StockTarget priceBritannia IndustriesRs 7,120Kajaria CeramicsRs 492Sanofi IndiaRs 7,570City Union BankRs 235PVRRs 1,785(Source: Nirmal Bang)  Equity99Here are five stocks recommended by Equity99:StockTarget priceNalcoRs 105Andhra PetrochemicalsRs 150LT InfotechRs 2,500Reliance IndustriesRs 1,300South Indian BankRs 25(Source: Equity99) AUM CapitalThe brokerage has recommended five stocks for the "Muhurat" trading session - the special one-hour session due on November 7:JSPLMaruti Suzuki IndiaPhillips Carbon BlackRBL BankTamil Nadu Newsprint Papers





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