Analysts name HDFC Bank, ITC, Tata Tech as top investment picks for Samvat 2081

Indian markets had a strong year in Samvat 2080, with the Nifty 50 and SENSEX reaching record highs. Factors like economic optimism, good corporate earnings, and high retail participation contributed to a 27% rise in Nifty and 45% in Midcap indices. Looking ahead to Samvat 2081, analysts highlight HDFC Bank, ITC, and Tata Tech as top investment picks, expecting a 15-20% upside. Key events, including the U.S. elections and potential RBI rate cuts, may influence market dynamics. Despite recent FII outflows and a flat October performance, investors are using this as a chance to diversify portfolios. Emerging themes in sectors like power infrastructure and telecom are attracting attention, particularly in mid and small-cap stocks.