Shares to Buy for Long Term: 1 midcap, 11 largecap stocks among analysts favourites now; note down target prices for your portfolio
Stocks to Buy for Long Term: Sensex and Nifty50 have retreated about 5.0 per cent each from their all-time highs registered last week, providing investors with an excellent opportunity to revisit their long-term portfolios. Heres a list of a few stocks that analysts at several brokerages are betting big on at the current juncture on Dalal Street. These stocks span the largecap and midcap segments.
Stocks to Buy for Long Term: Domestic equity benchmarks suffered sharp losses in the holiday-truncated trading week from September 30 to October 4, logging losses of 1 per cent or more on 3 out of the 4 trading sessions, as investors globally weighed incoming news headlines from the Middle East after Iran launched ballistic missile strikes on Israel. The Sensex lost 3,883.4 points, or 4.5 per cent, and the Nifty50 gave up 1,164.4 points, or 4.4 per cent, for the week. All sectoral indices suffered blows in a market-wide where financial, energy, auto, and realty shares were the worst hit.
At the current levels, both indices have retreated about 5.0 per cent from their all-time highs of September 27 (Friday).
Are there any long-term buying opportunities to tap the correction on Dalal Street now?
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