Kotak Securities releases stock picks

Kotak Securities, a brokerage house, has released Top Stock Picks for Muhurat Trading on this Diwali – Samvat 2082. Indian markets have been lackluster in Samvat 2081 and underperformed several global peers. This is primarily attributed to earnings weakness and tariff uncertainty, compounded further by a series of geopolitical and macro headwinds.

The firm has recommended following stocks with a strong buy rating, Adani Port and SEZ (ADSEZ), Acutaas Chemical (ACUTAAS), Cummins India (KKC), Eternal, ICICI Bank (ICICIBC), Mahindra & Mahindra and Reliance Industries (RIL).

The Nifty touched a low of 21750 in March 2025, while BSE Sensex touched a low of 71500, with both benchmark Indexes losing around 1.5 per cent each during Samvat 2081. The Nifty Midcap and Smallcap Index underperformed and lost ~5.6 per cent and ~5.4 per cent respectively.