7 Top Stocks to Invest in for 2024: Experts Predict 30% Returns
As we enter the new year, the Indian stock market has shown impressive performance, and experts believe that it is ready to reach even greater heights. If you are looking to invest in the stock market and make substantial profits in the coming year, then we have good news for you. Experts from ICICI Direct have handpicked the top 7 stocks that could potentially provide investors with up to 30% returns in 2024. Let’s delve deeper into these stocks:
1. Reliance Industries (Reliance Share Price)
★In 2023, the company’s shares witnessed a minor decline of 0.58%.
★However, experts believe that the shares could provide investors with an easy 18% return in the next year.
★Experts recommend buying the shares at a target price of INR 3,030 and a range of INR 2,500-2,575.
★Stop loss can be placed at INR 2,220.
★On Wednesday, December 27, 2023, the shares were trading at INR 2,576 with a decline of 0.080%.
★On Thursday, December 28, 2023, the shares witnessed a 0.83% increase and were trading at INR 2,608.
2. Hindalco
★The company’s shares have seen a significant growth of 19% in 2023.
★Experts recommend buying the shares at a target price of INR 675 and a range of INR 545-575.
★Stop loss can be placed at INR
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
