Diwali 2025 is approaching and market experts are constantly sharing the list of selected stocks for Diwali. Choice Equity Broking highlights five stocks that can brighten up your portfolio this festival of lights. The brokerage has given ‘buy’ rating to these shares and said that tremendous growth is expected in them. Let us know about the new targets and latest prices of these five stocks…
Nifty can reach 28,000!
“As we approach Diwali 2025, Nifty is trading in a sideways range after a strong bounce from its demand zone. The brokerage expects Nifty to touch 26,500 and 28,000 levels by Diwali 2026,” Choice Equity Broking said in a note while sharing the list of Diwali special stocks. The brokerage firm has advised investors to invest in five stocks to build a strong portfolio this festive season. These include Federal Bank, Cipla, Bharat Dynamics Limited (BDL), Ashok Leyland and Steel Authority of India Limited (SAIL).
Federal Bank Shares: Federal Bank shares top the Diwali special list of Choice Broking. These shares had closed at ₹214 on Thursday. However, the brokerage firm has given them new target prices of ₹245 and ₹255. Additionally, they also give it a buy rating and recommend investors to buy the stock. The bank has a market capitalization of ₹52,760 crore and has given returns of 310% in the last five years.
Cipla Shares: The next stock recommended by the brokerage firm is pharma giant Cipla, which closed at ₹1,570 on the previous trading day. Choice Broking has given it a buy rating and its new target prices are ₹1,770 and ₹1,850. Its market capitalization is ₹1.27 lakh crore. It has doubled investors’ wealth in five years.
BDL Shares: The next stock on the list is Bharat Dynamics Limited, for which the brokerage has given a new target price of ₹1,700 and ₹1,785. Rated ‘Buy’ by Choice Broking, the defense sector stock’s technical setup shows strong support at ₹1,380, indicating positive returns. The current price of this stock is ₹1,504.80 and its market capitalization is ₹55,190 crore.
Ashok Leyland Share: Shares of auto giant Ashok Leyland are also in the news. It had closed at Rs 137.05 with a gain of 1% on the previous trading day. The brokerage has also advised to buy it, saying that investors can buy it up to Rs 135, while its new target price has been set at Rs 151-158. The shares of this company with a market cap of Rs 80,580 crore have given a tremendous return of 265% in five years.
Sell Share: The fifth share in the list of brokerage house is of Steel Authority of India Limited. Shares of this company with a market cap of Rs 54,270 crore closed at Rs 131 on Thursday. Choice Broking says that its price can reach Rs 147 and Rs 153. In the last five years, the returns given to investors from this stock have been more than 287%.