The market conditions aren’t as bad as they were last week when Vladimir Putin, Russian President announced a full-fledged war on Ukraine. During this time, if you are looking for stocks to purchase and still make a profit, Motilal Oswal says bet on the large-cap companies. Here are the 12 stocks recommended by Motilal Oswal that will help the investors during the market turmoil times.
12 Stocks Recommended by Motilal Oswal for Investors for Now
The 12 stocks mentioned here by Motilal Oswal have corrected over 10%-20% over their 52-week highs.
The stocks are —
c) State Bank of India (SBI)
d) Larsen & Tubro (L&T)
e) Tata Motors
f) Dabur India
g) HDFC Life Insurance
h) Godrej Consumer
I) Apollo Hospitals
j) Gland Pharma
k) Marcotech Developers
The brokerage firm has warned that if the crisis between Ukraine and Russia prolongs, it will lead to a cut in the earnings estimates of Nifty 50 companies as the energy consumption costs will go up.
“However, close to two-thirds of Nifty earnings are insulated from elevated energy prices, while one-third is adversely impacted,” the brokerage firm said.