Top Indian Stocks to Invest in 2020: An SEO-Optimized Guide

The year 2019 has seen significant activity in the Indian stock market, with key indices like the NIFTY reaching new highs and then experiencing a moderate downturn. As we transition into 2020, investors are looking for stable and promising stocks. This article delves into the best Indian stocks to consider for investment.

Understanding the Current Market Scenario

The performance of the Indian stock market in 2019 is a tale of two halves. In June, the NIFTY index peaked at 12103, a level that has seen its highs and lows throughout the year. As of November 13, the NIFTY closed at 11840.45, leaving some room for potential recovery and new highs.

Top Performing Stocks

According to my personal analysis, the best Indian stocks to invest in 2019 are:

IT Sector

HCL Technologies Wipro Infosys TCS (Tata Consultancy Services)

Electric Vehicles (EV) Sector

Olectra Electric Vehicles Tata Motors MM (Mahindra and Mahindra)

Defence Sector

HAL (Hindustan Aeronautics Limited) Zen Technologies

Dmart and AngelOne

Dmart AngelOne

Power and Mechanical Engineering

Power Mech Railway Stocks

Best Stocks for Long-Term Wealth Building

Based on my analysis, the following stocks should be considered for long-term investment:

Large Cap and Blue Chip Stocks

HDFC Asset Management Company Ltd. Info Edge Ltd. Reliance Industries Limited Infosys ITC Ltd.

Reasons for Selection

These stocks have demonstrated consistent performance and stability. HDFC Mutual Fund is a leading player in the mutual fund market, while Info Edge offers profits through its online classifieds platform. Reliance Industries and Infosys are respected in their respective sectors, and ITC has a strong market presence.

Disclaimer

The provided list of stocks is based on my personal opinion and should not be considered as trading or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.

Further Reading and Resources

For more in-depth analysis and additional resources, consider exploring the following articles and resources:

Investment Analysis for 2020 Stock Market Trends for 2020 Fundamental Analysis of Top Stocks