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Diwali Stock Picks 2026: Top Banking, Consumer, Hotel, Defence And Metal Recycling Stocks To Watch

Diwali Stock Picks 2026: Top Banking, Consumer, Hotel, Defence And Metal Recycling Stocks To Watch

Sakshi Batra
Sakshi Batra
  • New Delhi,
  • Oct 27, 2026,
  • Updated Oct 27, 2026, 1:55 PM IST

As investors look for opportunities this Diwali, the focus is on identifying stocks with attractive valuations and strong growth potential. Rahul Arora, CEO, Ashika Institutional Equities, shares his preferred stock ideas across banking, consumer staples, hotels, wires and cables, metal recycling and defence. He highlights major banks such as ICICI Bank, SBI, HDFC Bank, Axis Bank and Kotak Mahindra Bank, along with opportunities in Tata Consumer Products, Hotel Leela, EIH, Polycab, KEI Industries, Gravita and Hindustan Aeronautics. The discussion explores valuations, growth prospects and the importance of patience while identifying investment opportunities in the Indian equity market for Samvat 2083.