Best Long Term Stocks to Buy in India 2023 (2024)

FAQs

Best Long Term Stocks to Buy in India 2023? ›

The other favourable sectors that investors can bet on in 2023 include defence, renewable energy sector, infrastructure, and capital goods.

The other favourable sectors that investors can bet on in 2023 include defence, renewable energy sector, infrastructure, and capital goods.

Overview: Indian Stock Market Prediction

However, as we move into 2023, the outlook for the Indian stock market prediction seems positive, with a projected growth rate of 7.5% to 8%. Know more about Indian Stock Market Prediction in 2023!

Which stock will double in 2023 India? ›

Among these five stocks, Zomato is expected to give handsome returns of nearly 54% in 2023. The other four are predicted to give returns in the range of 24-37%. Meanwhile, among companies with a market cap of less than Rs 5,000 crore, Arvind Limited is expected to give a return of 63% this year.

BofA Securities slashes Nifty 2023 target by 8% to 18,000

BofA cut its year-end target for the Nifty 50 by 8.3% to 18,000 points, expecting the index to be volatile and trade between 16,000 and 18,0...

Where to invest to get 1 crore in 10 years? ›

One crore is a significant amount, and if one wishes to achieve it in ten years, he must invest in equity mutual funds. It would be an ideal choice for an investor to make 1 crore in 10 years. Equity is a wise asset that is known for long-term planning and can generate considerable returns in a short span of time.

A majority of analysts believe one should buy shares of Tata Steel at this point due to favourable fundamental and technical factors. Shares of the company have underperformed the BSE Metal index and the equity benchmark Sensex in the last one year. The stock hit its 52-week high of ₹138.63 on BSE on April 6, 2022.

What will be the highest Sensex in 2023? ›

Expecting no major upside in commodity prices and stable growth in domestic economy, Morgan Stanley has predicted that 30-stock BSE Sensex may touch 68,500 levels by end of December 2023.

Trident Ltd has become a multibagger in a year delivering over 425% return. Trident Ltd, a mid-size S&P BSE 500 company that is primarily engaged in the textile business, has been a firecracker in shareholders' portfolios, as it has multiplied wealth by more than 5.25 times.

Will property prices fall in 2023? Prices are predicted to increase by over 7.0% nationwide (4-5% in Mumbai and Delhi, 5.5-6.5% in Chennai and Bengaluru), and a number of other economic indicators point to a strong upturn as well.

Perhaps you may also suffer some short-term losses. However, if you have the patience, you might pocket attractive returns once the interest rates start coming down. In fact, many investment advisors believe that debt schemes, especially medium and long-term funds, will offer better returns in 2023.

A great example of a multibagger is HDFC Bank, which has completed 26 years in 2021 since its IPO in 1995. Without dividends reinvested, the stock has delivered a return of 25% CAGR, whereas with dividends reinvested it is 30% CAGR.

Which is the next multibagger stocks? ›

The NIFTY Next 50 Index has delivered SIP returns of 15.41% over the 15 year period. As you can see in the following graph, a SIP of Rs. 10,000 (total investment of Rs. 18 lakh) over 15 years would have grown to a significantly larger Rs.

In the last 15 years, the NIFTY 50 index delivered a nearly 12% average annual return. As the table shows, if you would have invested Rs. 10,000 every month in the NIFTY 50 index since January 2006, then your total investment value would have stood at Rs. 55.05 lakh at the end of August 2021.

The immediate support for Nifty is placed in the range of 18100-18000 while the index could rally towards 18330 followed by 18450 in the near term.

Government and corporate bonds can provide a source of income and cushion stock market volatility. High-yield savings accounts, CDs and money market funds offer ways to offset the effects of inflation. Investors with a higher risk tolerance may consider cryptocurrencies or alternative investments.

U.S. equities may disappoint in 2023, but patient investors can find potential income and returns in other markets. A grueling bear market, touched off by decades-high inflation and an aggressive Federal Reserve response, made 2022 one of the most challenging years for investment returns in the last half century.

What will make me rich in 2023? ›

High-quality bonds and fixed indexed annuities are often considered the safest investments with the highest returns. However, there are many different types of bond funds and annuities, each with risks and rewards. For example, government bonds are generally more stable than corporate bonds based on past performance.

Short of a recession — a very real possibility — consensus estimates are for about 5% earnings growth (opens in new tab) for S&P 500 companies in 2023. That's certainly less than what it was in years past, but still respectable.

In conclusion, the stock market may recover in 2023, but there are also risks and uncertainties that could continue to impact investor sentiment. As an investor, it's important to stay disciplined, focus on high-quality companies, and maintain a long-term perspective when making investment decisions.