Top Diwali Stock Picks: Axis Securities highlights Nine names from Eternal to DCB Bank for Samvat 2083

What happened

Brokerage firm Axis Securities has highlighted 10 stock names it is betting on for Samvat 2083, with up to 22% upside, including Eternal, Indian Hotels and DCB Bank. It set a buy rating and ₹240 target price on DCB Bank, implying 20% upside.

Confirmed

Global impact / market context

Broker picks can draw retail investor money into named stocks, potentially lifting demand and prices for DCB Bank and Indian Hotels. Axis's DCB Bank target implies 20% upside, and its reported 1%-1.05% return on asset goal signals confidence in steady earnings.

Analyst inference

The picks arrive ahead of Muhurat Trading for Samvat 2083 on Sunday, November 8, 2026, a special Diwali session when investors often place fresh bets. Axis's list mixes banks, hotels and other firms, positioning the brokerage for a seasonal push.

Analyst inference

What to watch

1. Muhurat Trading for Samvat 2083 is scheduled for Sunday, November 8, 2026, with pre-open from 2.05 pm to 2.20 pm and trading from 2.20 pm onward. Confirmed
2. Axis Securities proposes a buy rating on DCB Bank with a ₹240 per share target, implying 20% upside, and forecasts a sustainable 1%-1.05% return on asset. Proposed
3. Watch whether DCB Bank delivers the net interest margin improvement, which means the gap between interest earned and paid, and asset quality gains Axis expects to support its 20% upside call. Analyst inference

Evidence

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