The Indian share market has been reeling under geopolitical tensions and rising crude oil prices as the nifty signal negative start for the share market in India. The market closed, and a lower price as the Russia Ukraine conflict escalated. Sensex and nifty 50 fell for straight three days to close in the red. The Asian markets have shown a bullish trend, with Japan’s Nikki falling 0.65% and South Korea’s Kospi plunging by 0.55%.
Top shares to buy in 2022
Reliance Industries:
Reliance Industries has been one of the first companies to achieve a new milestone in market capitalization. It had started as a textiles company in 1950 and diversified in several business channels. Currently, the company has oil and gas petrochemicals and refining as its primary business. Other businesses include retail media telecom and other subsidiaries. If you are looking for a long-term investment, reliance is one of the top 10 stocks you should consider buying. It is the most expensive share in India.
HDFC Bank:
HDFC Bank is one of the twins of HDFC. It was set up in 1994. Since its inception, Aditya Puri has led the bank as its managing director, and it has become the longest-serving bank. 50% of the bank’s loan book includes retail loans that analysts think are the main reason behind its success. In the past eight quarters, the net ratio of the bank has been less than 0.5% of the advances. The net NPA ratio was around 0—17% of the passages. The net profit has increased by 16.82% in the past five years. The business in retail banking, wholesale banking, and treasury is the bank’s main business, and the bank is also one of the best stocks to buy for 2022.
Hindustan Unilever:
It is one of the biggest FMCG companies in India, and some of the brands under Hindustan Unilever limited are glow and lovely or fair and lovely life by clinic plus brew coffee vim bar and others. The company was established in 1933, and for the past ten years, it has outperformed Sensex by giving more than 680% returns. In addition, the company’s net profit has grown by 10.28% in the past five years. Considering the company’s growth, investors should consider investing in the stock in 2022.
HDFC:
Housing finance Development Corporation is the parent company of HDFC Bank. It was set up in 1977, and since then, the company has financed more than 7,000,000 housing units. It has garnered a profit of 20.19% in the past five years, and the company’s core business is a financial arm to other companies. In the next ten years, HDFC can be one of the best Indian stocks.
Kotak Mahindra Bank
It started as Kotak Mahindra finance limited as a non-banking finance company. It ended up being the first NBFC in India to receive a banking license from the Reserve Bank of India. In 2003 it became a full-fledged bank and branched into four units: corporate banking, consumer banking, commercial banking, and treasury. The stock is worth investing in, so investors should consider it worth investing so investors should consider supporting in Kotak Mahindra Bank if they are looking for long-term rewards.
Bajaj Finance
The stock has given excellent returns in the past decade. On January 11, the stock had passed close to 7973% returns. It focuses on small-ticket loans that have helped to evade the debt bubble. Bajaj finance subsidiary company of Bajaj finserv limited. It is one of the best stocks to buy in the Indian market.
Bharti Airtel
Bharti Airtel was established in 1995 after Mittal secured a place in the spectrum auctions, and it is the first company to set up payment’s banks in India besides prepaid, postpaid, and broadband services. Recently Airtel also overtook Jio by adding new subscribers every month. The jio has currently added 2.2 million subscribers, while Airtel has added 3.7 million subscribers. Now, jio retains the maximum market share in the industry, but Airtel is promising at the same time, making us one of the most expensive shares in the Indian market.
Asian Paints
Even though it started as a small undertaking in the 1950s, seven decades later, the company has a strong market presence and has footprints in at least 20 countries globally. The stock has returned more than 951% in the past decade. Repainting revenues and efficient cash management are factors that have supported the company’s growth. Asian paints are one of the best stocks to invest in now.
If you plan to invest in the stock market, you should consider qualitative aspects like ethics management equality and CSR activities and base them on historical information. These are some stocks you need to consider investing in the Indian stock market for 2022.
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