7 stocks to buy today for long-term investors

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7 Stocks That Can Give Good Returns to Long-Term Investors

Current market price Target price
Axis Bank 875 1040
Colgate Palmolive 1625 1690
Buyers stop 802 8% higher
Asian Paintings 3150 3689
ICC 350 402
Persistent 3683 4300
co-forged 3898 4680
Market strength will continue in the near term

Market strength will continue in the near term

According to Siddhartha Khemka, Head of Retail Research, Motilal Oswal Financial Services Ltd, bulls continued to dominate Dalal Street ahead of the festive season. “Nifty opened negative but value buying at lower levels helped the index rally and close with gains of 52 points at 17564. Sector-wise, PSU banks were in flavor thanks to good numbers, followed by IT, Oil & Gas and Metals Despite global headwinds, sentiment was positive ahead of Diwali and earnings healthy so far Nifty found support above 17400 zones for the 3rd day in a row indicating a strong fundamental formation. We expect market strength to continue in the near term. The action will continue as companies continue to report results,” he said. .

Buy in case of refusal

Buy in case of refusal

Most analysts recommend buying falling stocks, as the markets have already recovered quite a bit over the past few weeks. Apart from this, interest rates are also headed higher which is now good news for stock markets. All in all, we think it might be time to buy dips and scale only. Investors should also consider longer term investments, rather than short or medium term. There is a possibility of long-term outperformance for stock markets.

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