Diwali Picks| Top Stocks for Samvat 2077 By Marketsmith India
Equity markets worldwide had a roller-coaster ride in Samvat 2076, which inherited slowing GDP, looming NBFC issue, rural consumption slowdown, and geopolitical tensions. However, corporate tax cut and several other supplies and demand-side reforms were introduced by the RBI and the government in H1 FY20, giving momentum to the market in Q4 FY20. But, in March, the COVID-19 pandemic, a Black Swan event, triggered a major disruption. The focus from growth was changed to 'Jaan hai to jahaan hai.' From the high of 12,430 in January, Nifty tested the 7,500 level in March. To help you select the best picks for this Diwali, we bring to you our special edition report on Samvat 2077. DOWNLOAD REPORT Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.