The festival of light is round the corner, and for investors, as a prelude to Diwali, brokerage firm ICICI Direct has picked up 10 stocks across sectors where they can place bets and get returns of up to 35% in the coming days. These stocks are from sectors like banking, capital goods/infrastructure, pharma and auto.The brokerage firm sees reasonable opportunities across the market spectrum with quality being the key filter. It advises investors to utilise equities as a key asset class for long-term wealth generation by investing in quality companies with strong earnings growth and visibility, stable cash flows, RoE and RoCE.Here are 10 Diwali muhurat picks from ICICI Direct:
Global Market Today: Asian stocks climb after tech shares power Wall Street
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s