Nov 09, 2012, 03.44 PM IST

Money spinners: 40 Phataka stocks for a 'bomb'astic Diwali

The market is on fire and will surely be a cracker this Diwali as most analysts feel it is going to test 6000 by then. So, Moneycontrol.com gives you 40 hand picked phataka stocks to trade this Diwali and beckon the Lakshmi.

Source: Moneycontrol.com

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Moneycontrol Bureau

If experts are to be believed, then the market is all set for a cracker of a Diwali by testing 6000 level. Moneycontrol.com spoke to a slew of experts and selected 40 phataka stocks that can be traded this Diwali to beckon the Lakshmi.

Also read: Nifty may skyrocket to 6000 this Diwali

Stocks

Sectors

Expert

Axis Bank, Dr Reddy's, JK Lakshmi, Cox & King, Emami

Cement, Pharma, FMCG, Mid cap Banks, IT

Nirmal Jain, Chairman, IIFL

IDFC, Sterlite Tech, Jain Irrigation, Praj Inds and Tata motors

Deven Choksey, KRChoksey

Larsen & Toubro, Axis Bank, Tata Motors, United Phosphorus, Goodricke Group

Capital Goods, infrastructure, private sector banks, auto & auto ancillaries and unregulated agro related such as pesticides, tea, seeds

Ambareesh Baliga, Independent Analyst

Jindal Steel, Tata, Steel and Hindustan Unilever

FMCG

Shardul Kulkarni, Sr.Technical Analyst, Angel Broking

TCS, ICICI, KPIT Cummins, Cairn India and Tata Motors

IT and private sector banking

Dipen Shah- Fundamental- Kotak Securities

JK Cement, Cipla, Everest Industries and Development Credit Bank

Cement and pharma space

Sunil Jain, Nirmal Bang

LIC Housing Finance Corporation as the stock has not moved for quite some time and both fundamentals and technicals look sound. DLF will accrue benefits on the enactment of the Land Acquistion Bill. ICICI Bank, Dish TV and Mahindra & Mahindra

Banking sector followed by media which look good over the next two-to-three months.

Madhumita Ghosh-Unicon Financial

ICICI Bank, M&M, Relaxo footwear, Eros Media, Orbit Corp

Gaurav Dua, Sharekhan

Union Bank and Laxmi Vilas Bank, Gulf Oil, Nesco and ILFS Transport

Financials, real estate and pharma

Aditya Damani, MLR Securities

RIL, Tata Motors, HDFC, Ranbaxy, ICICI Bank, Nesco, NMDC, Everest Industries

Kartik Mehta(Fundamental), Sushil Finance

Hero MotoCorp, Maruti, ICICI Bank, L&T Finance and Pipavav Defence

Autos and banks

Samir Gilani of MAPE Securities