Geojit Financial's Gaurang Shah Lists Stocks Across Sectors That Can Offer Strong Returns

Geojit Financial's Gaurang Shah shares his expert stock picks across diverse sectors, highlighting companies with promising growth potential for the months ahead. In this Diwali special video, he discusses the impressive performance of public sector banks, such as PNB, Canara Bank, and Bank of Baroda, which have outshined in recent results, while private players like Federal Bank, City Union Bank, and IDFC First Bank also showed resilience and potential improvement in the upcoming quarters. Gaurang Shah points to the possibility of tailwinds in credit growth and asset quality, supported by likely interest rate cuts. In his recommendations, Gurang Shah emphasises a focus on large-cap stocks, naming HDFC Bank, Axis Bank, ICICI Bank, and State Bank of India from the banking sector. From the auto sector, Mahindra & Mahindra, TVS Motor, and Hero MotoCorp stand out, while in IT, he suggests a balanced approach with TCS as a large-cap and LTIMindtree as a mid-cap choice. FMCG giant ITC is favoured for its stable performance amid recent market corrections, and agri-consumer brands with strong acquisition strategies are also on Gaurang Shah’s radar. In cement, UltraTech Cement and mid-cap player Birla Corp make the list for their capacity advantages. Don’t miss Gaurang Shah’s insights for crafting a diverse portfolio this Diwali season.

Watch this video for a detailed analysis and investment strategies from a market veteran!