Diwali 2026 top stocks to buy: Nifty 50 reversed its losses this week, as the benchmark index registered 2.59% of weekly gain. With Diwali just a few days away, PL Capital has released its top 10 bets ahead of the festive season.
Apollo Hospitals, DLF, GE Vernova, HBL Engineering, Jindal Steel, Marine Electricals, Shilpa Medicare, SYRMA SGS, TARIL, TD Power Systems are among the top Diwali stock picks by the brokerage. Here are all the details.
Apollo Hospitals Enterprise share price closed 2.46% higher at ₹8400 per share on BSE on Friday. The stock has seen sharp erosion from ₹9050 zone and has shown signs of bottoming out near 7,500 level with a significant revival visible to improve the outlook and expecting for further upward move in the coming days.
“The RSI has corrected well and is currently well positioned near the oversold zone with indication of a positive trend reversal to signal a buy with much upside potential visible and can carry on with the positive move further ahead. With the chart technically looking good, we suggest buying the stock for the upside targets of 9800 and 10400 levels keeping the stop loss of 7000 level,” stated PL Capital in its report.
DLF share price closed 0.63% lower at ₹690 per share on BSE with a market capitalisation of ₹1,70,796.51 crore on Friday. PL Capital gave a target price of ₹860 - ₹960 per share and a stop loss of ₹570 per share.