Bangalore: You can look forward for better investment option in 2013. Our Indian stock market by the end of 2012 have witnessed overseas inflows of nearly $23 billion, making the benchmark indices - the Sensex and Nifty - the third best-performing index after Thailand's SET and Germany's DAX. Most Stocks experts believe that this New Year holds a promise of increased retail investment in the equity market, which inturn, may push the Sensex to new heights in 2013.Smart Investor's Aastha Agnihotri spoke to a host of financial analysts across leading research houses and brokerages across the country for their stock picks for 2013, reports Business Standard.Com. Here is the list of few hot stocks which you must buy in this New Year.
1. Mahindra and Mahindra
Current Market Price: Rs.927.75
Sector: Auto / Auto Ancillary
Mahindra & Mahindra is an India-based company. The Company operates in multiple segments: automotive segment, farm equipment segment, information technology (IT) services, financial services, steel trading and processing, infrastructure, hospitality segment and Systech segment.
At present the stock is trading at Rs.927.75and its previous close value was Rs.930.35. Its 52 week high is Rs.976.00and 52 week low has been Rs.621.10. Its average trading volume is 1,201,720.
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2. Havells India
Current Market Price: Rs.635.10
Sector: Capital Goods
Havells India is an electrical and power distribution equipment manufacturer with products ranging from Industrial and domestic circuit protection switchgear, cables, motors, fans, power capacitors, compact fluorescent lamp (CFL) lamps, and luminaries for domestic, commercial and industrial applications, modular switches, water heaters and domestic appliances covering the entire range of household, commercial and industrial electrical needs. Its manufacturing facilities are located at Faridabad in Haryana, Alwar and Neemrana in Rajasthan, Haridwar in Uttarakhand, Sahibabad and Noida in Uttar Pradesh and Baddi in Himachal Pradesh. At present the stock is trading at Rs.635.10 and its previous close value was Rs.628.10. Its 52 week high is Rs.638.00and 52 week low has been Rs.630.00. Its average trading volume is 263,517.
Also Read: 10 Best Mutual Funds For 2013
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