As India's biggest festival begins from tomorrow with the start of Dhanteras, many investors would be sitting with their money ready to make most of equities. Markets are generally performing better during Diwali festival, as there is massive buying because the occasion is seen as good luck when it comes to investment. So, investors across India will be ready tomorrow morning when the markets begin, to place their bets. In July to September 2018 quarter, the Indian markets were quite volatile with Sensex and Nifty losing their shining days and earmarking below 34,000-mark and 10,200-level. However, the start of October month was slightly better, and turns out the November has begun with even better buying sentiments on stock exchanges. 

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Last week, the Sensex ended at 35,011.65 above 579.68 points or 1.68%, while Nifty 50 finished at 10,553 up by 172.55 points or 1.66%. 

This week is going to be even more exciting as investors will make purchases in heavy amounts. There will be new investors as well entering to make most of equities. 

If you are planning to invest during this Diwali festival period, then here's a list of stocks which are best bets and can fetch you good returns. 

According to Anand Rathi, here's a list of 6 Diwali stocks for you. 

L&T Technology Services

At CMP the stock is trading at 28.6x FY19E and 23.7x FY20E earnings. L&T Technology is one of the three listed subsidiaries of Larsen & Toubro Ltd. The company provides design and development solutions to clients across the entire value chain of product development. These includes solutions in the areas of mechanical and manufacturing engineering, embedded systems, software engineering and process engineering.

Anand Rathi says, "We believe LTTS is one of the better placed company with significant exposure to this market providing better growth prospects for the company. We recommend BUY on the stock with a target price of Rs 2,042 per share.

HDFC Bank

At CMP the stock is trading at 3.8x FY19E book value and 3.1x FY20E book value.

HDFC Bank provides a number of products and services including wholesale banking, retail banking, treasury, auto loans, two wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan and credit cards. 

Anand Rathi says, "We expect HDFC Bank to be a major gainer of the current crisis in the NBFC space as it has best-in-class liability franchises along with superior customer outreach across business segments. Backed by the robust underwriting skills & prudence and the consistent track record of growth and profitability, HDFC Bank Limited is our top pick amongst the private sector banks. . We recommend BUY on the stock with a target price of Rs 2,420 per share."

Asian Paints

At CMP the stock is trading at 52.1x FY19E earnings and 42.3x FY20E earnings respectively. 

In terms of growth, Anand Rathi says, "we continue to expect Indian paints industry to grow at around 8%-12% in next few years and demand factors remain strong in terms of growth, concerns remain in terms of raw material costs mainly on account crude oil which we believe is gradually declining due to increase in share of water based paints going ahead."

Hence, they  recommend a BUY on the stock with a target price of Rs 1,471 per share.

Sundram Fasteners

At CMP, the stock is trading 22.7x time FY19E and 18.9x FY20E earnings.

As per Anand Rathi, anticipating the future growth potential of the Auto component industry and the positioning of SFL as a multi-product and multi-location company, we feel that it has huge growth potential. 

They recommend BUY on the company with a target price of Rs 760 per share.

JSW Steel 

At CMP, the stock is trading 10x time FY19E and 10.3x FY20E earnings. 

According to analysts at Rathi, "We are positive about the long-term growth potential for steel consumption in the domestic market. India will need to create over 150 Mn tons of new steel capacity in the next 10 years. We recommend BUY on JSW Steel Limited with a target price of Rs 406 per share."

Indraprastha Gas

At CMP the stock is trading at 17.3x FY19E earnings and 15.5x FY20E earnings respectively. 

In Rathi's view, we expect the volume growth momentum to continue for the company as State government will add 2,000 new buses in FY19, and expansion of its pipeline network in the new areas- Karnal, Rewari and part of Gurugram will add volumes 2HFY19 onwards. We recommend a BUY on the stock with a target price of Rs 319 per share.

Hence, make the best of Diwali festival on stock exchanges and get rich. Also, make sure you enjoy the festival!