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:
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
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