Top Stocks to Buy For Bigger Diwali Celebration

Sensex climbed 200 points and crossed 11,700 marks for the first time in Monday’s session, thus defying the ongoing negative sentiment created by rising fuel price, rupee and inflation.  Here, in this article, we have listed top 5 stocks to buy that have reaffirmed its pace and will continue to lead the pack for this Diwali.

Sun Pharma (NSE: SUNPHARMA)

Though the pharmaceutical industry is undergoing through a transitional phase after the huge fluctuation in rupee, but it is believed that the company like Sun Pharma is sure to rebound itself, especially now that it has got USFDA approval for its drug named CEQUA and has reported consolidated net profit of Rs 982.51 crore for the June quarter.

Bharti Airtel (NSE: BHARTIARTL)

The beleaguered telecom operator finally seems to have gained some grounds after its partnership with NetFlix( a video streaming service provider) and Zee (Indian media corporation). With this collaboration, the company will work together to offer an exclusive on- demand content to Airtel TV app subscribers.

Starting from movies to TV shows to plays, Airtel TV plan will offer bundled features to its users, thus offering the best-in-class services. Moreover, the experts have pointed out that soon Bharti Airtel will offer aggressive data plans to counteract its rival Jio, which would be another feather on the cap, isn’t?

Dabur (NSE: DABUR)

The recent trend predicts that the country’s fast- moving consumer good market is on a decline by 3% by volumes for the quarter ended June, but the good news is the branded products market has not swelled yet. Hence, the companies like Dabur are standing on a positive pathway and is continuing to add more products in its portfolio. The rise in its quarterly earnings reports has boosted the investor sentiments an inch more.

LIC Housing Finance (NSE: LICHSGFIN)

This government aided company has made several strides to prove its worth. Once ranging in a negative territory has proved itself and has reported 7% increase in the net profit. Its stern steps like acquiring IDBI bank and the strategies that have created a positive effect on the revenue have made this stock a head turner.

Navneet Education (NSE: NAVNETEDUL)

With the government giving a strong impetus to education, the stocks like Navneet Education stocks are must to buy this Diwali. Even the leading brokerage firm Motilal Oswal has initiated a buy rating for this stock. The brokerage firm believes that this stock is perfectly placed for the market and its recent buyback further stems the investor belief in this stock.

In the end, we would like to conclude that this Diwali burst yourself with these stocks to buy and returns (Goddess Laxmi) are sure to follow you.

Disclaimer: This is author’s personal opinion and investors are advised to perform their own research before investing.