Want to ride the tide? Over 40 stock ideas as Nifty bulls attempt to regain strength
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With Sensex rallying 3,000 points in the previous two trading sessions amid optimism surrounding the outcome of the Maharashtra elections, there are over 40 stocks on which brokerages are betting on to capitalise on market recovery, driven by improving valuations, robust domestic flows, and hopes of capex revival. With Nifty being down around 8% from its September-end peak, analysts at JM Financial have shortlisted 39 stocks, while Jefferies and Goldman Sachs have identified 14 and 25 stocks, respectively. Jefferies says capitalize on cyclical downturns Jefferies has picked 14 stocks it believes are well-positioned for a short-term bounce-back. The brokerage emphasizes sectors like defense, aviation, and FMCG, supported by resilient domestic demand and easing valuation premiums.“A pick-up in govt. spending / capex in 2H, improved seasonality and somewhat better relative (to region) valuations mean that a potential short term bounce back i...