Core Viewpoint - Axis Bank is highlighted as a strong risk-reward trade in the private banking sector, with expectations for a turnaround after a period of underperformance [1][14]. Axis Bank - A buy recommendation is made at current levels, targeting Rs 1,225 with a stop loss at Rs 1,150 [2][14]. - The recent correction of 20-30 points has made the setup more attractive for short-term traders [4][14]. State Bank of India (SBI) - SBI is featured as a "safe sparkler," showing strong momentum with higher highs for five consecutive years, indicating sustained buying [5][14]. - A buy range is suggested between Rs 830 and Rs 880, targeting Rs 960 to Rs 1,040 over the next 6-12 months [5][14]. Hero MotoCorp - Hero MotoCorp is also classified as a "safe sparkler," outperforming peers with expectations to reach Rs 6,300 to Rs 6,400 [6][14]. ICICI Bank - ICICI Bank is identified as a medium-term investment opportunity, likely to join the banking rally if Bank Nifty leads the next market leg [7][14]. - The target is set at Rs 1,475 to Rs 1,500, with a stop loss at Rs 1,325 [14]. MTAR Technologies and Paytm - MTAR Tech is categorized as a "high-risk rocket," with a target of Rs 2,380 to Rs 2,500 and an accumulation zone at Rs 2,090 to Rs 2,180 [9][15]. - Paytm has regained investor attention, with a target of Rs 1,500 and a buy range of Rs 1,200 to Rs 1,275 [10][15]. DLF - DLF is presented as a long-term bet, offering an attractive entry after a nearly 30% correction from its 2024 high, with a buy recommendation near Rs 700 and a target of Rs 880 [12][15]. Inox Green and NBCC - Inox Green is noted as a "value bomb," with an upside target of Rs 285 to Rs 300 and an accumulation range of Rs 240 to Rs 257 [13][15]. - NBCC is highlighted for a major breakout, with a target of Rs 130 to Rs 140 and a buy range of Rs 102 to Rs 111 [13][15]. Investment Strategy - The importance of diversification with discipline is emphasized, suggesting a mix of safe and high-risk stocks for optimal portfolio performance [14].
Diwali 2025 cracker stocks to light up your portfolio: Experts pick Axis Bank, DLF, Paytm, MTAR Tech and more
The Economic Times·2025-10-16 04:48