Diwali 2026 stocks to buy: With Samvat 2083 set to begin on Diwali 2026, investors will be looking for stocks that can deliver returns amid changing market conditions, improving corporate earnings and evolving sectoral opportunities.
After a volatile Samvat 2082, valuations across several segments of the Indian equity market have corrected, creating opportunities for investors to identify companies with strong business prospects and the potential to deliver sustained growth.
In its Diwali picks for Samvat 2083, Centrum Finverse Research has identified five fundamental stocks across sectors, including telecom equipment, power generation equipment, food products, FMCG and business process management (BPM).
The brokerage has recommended HFCL, Greaves Cotton, Manorama Industries, Inventurus Knowledge Solutions and Varun Beverages, with projected upside potential ranging from 20% to 32% from their respective prevailing market prices.
Centrum's top pick is HFCL, which it believes is well positioned to benefit from rising demand for optical fibre and connectivity solutions amid the rapid expansion of AI data centres and hyperscale cloud infrastructure.