Motilal Oswal Wealth Management has recommended 10 stocks for investors to buy this Diwali ahead of the special muhurat trading session on October 21, between 1:45 pm and 2:45 pm on NSE and BSE.
The brokerage set target prices indicating strong upside potential across picks. SBI was given a target of ₹1,000 (13% upside), while Mahindra & Mahindra was valued at ₹4,091 (15% upside), backed by robust SUV and EV launches. Bharat Electronics received a ₹490 target (19% upside), supported by major defense orders. Swiggy was assigned ₹550 (23% upside), aided by Instamart’s improving profitability. Indian Hotels got ₹880 (19% upside), driven by strong demand and new room additions.
Max Financial was valued at ₹2,000 (29% upside), Radico Khaitan at around ₹3,000 (13%), Delhivery at ₹540 (21%), LT Foods at ₹560 (35%), and VIP Industries at ₹530 (24%).
Motilal expects Samvat 2082 to start positively, supported by rate cuts, tax relief, and improving liquidity. It forecasts Nifty earnings growth of 8% in FY26 and 16% in FY27, advising selective investments in BFSI, consumption, manufacturing, and digital sectors for strong long-term returns.
