Diwali picks BSE, Adani Power, MCX, TechM, HFCL among top stocks for Samvat 2083 for upto 110% rally - Business Today

Business Today reported that brokerage-style stock picks for the Diwali Muhurat trading session and the new Samvat 2083 year include BSE, Adani Power, MCX, Tech Mahindra and HFCL, with projected gains of up to 110 percent. Such recommendations typically transmit through retail and momentum-driven flows, as a concentrated list of named stocks can attract short-term buying in the selected names and in their sector peers rather than moving the broader index on fundamentals alone. The most exposed names are the high-beta, small- and mid-cap picks such as HFCL, where liquidity is thinner and price swings tend to be amplified by sentiment, while exchange operators BSE and MCX carry sensitivity to trading volumes and speculative activity in derivatives. Traders should watch the Muhurat session's opening auction and closing volumes in these stocks, along with the next scheduled Indian CPI and RBI policy signals, since shifts in rate expectations would affect the valuation multiples that underpin such projected rallies. The headline's upside figures are the source's projections, not realized outcomes, and should be assessed against the companies' reported earnings and sector

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