How to become crorepati in 2019: The new year 2019 is here and to your surprise, it will be one exciting period for everyone right from government, markets to citizens. However, the first day of 2019 in Dalal Street is rather gloomy, as the benchmark index Sensex gave away over 36,000-mark in early openings. Investors are on cautious note in Sensex and Nifty, as they prefer selling sentiment today. At around 1109 hours, Sensex was trading at 35,996.16 down by 72.17 points or 0.20%. Similarly, Nifty was trading at 10,839.20 lower by 23.35 points or 0.21%. On the other hand, rupee was trading mostly flat against US dollar benchmark index at interbank forex market. The domestic currency was at 69.735 down by 0.01% against dollar. 

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Talking about today's trading session, analysts at Standard Chartered said, "Indian markets are likely to open flat and move in narrow range amid lack of major domestic and global cues. Nifty50 technical resistances are placed at 10900 and 10950 while upside support are at 10800 and 10850 levels."

Well today's trading session may increase a panic to investors who want to have a share of equities in 2019. However, do not worry one can definitely say that Sensex and Nifty are just stretching at the moment. The bigger and breath taking picture is yet to come. 

Among many quotes of the Oracle of Omaha Warren Buffett, one that stands out says, 'it is far better to buy a wonderful company at fair price than a fair company at wonderful price.' Simply put cash the crash. When markets are witnessing bear, one should work against the nature of equities and in fact buy a best company at fair price then wait for indices to reach at higher point and then make premium purchases. 

Thereby, if you plan to have a piece of equities, here's why 2019 is your moment. 

In Karvy Stock Brokings view, for Indian markets, the major trigger will be the upcoming general elections. 

It added, "We forecast Sensex to reach 45,000 (14,000 for Nifty) by the end of 2019. If the BJP were to cross the halfway mark on its own, Sensex could reach about 47,000. A loss for NDA and formation of a coalition government which the market reads to be unstable could lead the Sensex to decline to 30,000 (Nifty 9,000) in the immediate aftermath of the elections."

On the other hand, analysts at Religare Broking said, "Even on an aggregate, market has already built in some optimism, with consensus earnings growth estimates at well over 20% for FY19, with the Nifty trading at ~17.5x FY19E consensus earnings.  A significant downside seems unlikely, as a mere 10% pullback in the market would bring it closer to its medium-to-long-term average valuations. We expect the Sensex and the Nifty to be closer to levels of 40,000 and 12,300 respectively in 2019."

Hence, one can surely expect Sensex and Nifty to reach over at least 40,000-level and 12,000-mark. 

Interestingly, considering there is a host equities available on exchanges, finding the right stock is the key. Hence, if you plan to invest in stock markets, these 15 stocks can be your best bet in 2019. You never know, if you have invested hefty today, you might even become crorepati. 

According to Axis Direct analysts, these 7 stocks are good investment option this year. 

Indusind Bank - IIB has an ideal mix of loan book with niche presence in vehicle finance and corporate banking inclined towards working capital finance. Strong NIM, high other income and stable asset quality have resulted in consistent operating performance. Spreads are expected to improve as aggression from NBFCs declines in to maintain their liquidity profile. Also, softening of G-sec yields may result in write back of MTM losses. 

Hence, it is expected that IIB with its high share of CASA (44%) to be amongst the key beneficiaries of the higher spreads and softening yields in the near-term. Key monitorables are the BFIL merger, IL&FS exposure and changes in top management.

Target price is set at Rs 1,876 for 12 months ahead, compared to current market price of near Rs 1,600 per piece. 

Voltas - Axis believes Voltas is the best bet in the consumer durables space from 3-5 years given its strong franchise , focus on plugging the gaps in the product suite (Arcelik JV (Voltbek) , improving order book visibility and the cautious approach deriving benefits in the form of improving margins. 

Target price of Rs 672 with buy rating. 

Sterlite Technologies  - Sterlite Technology enjoys ~10% of the global market share (~40% of the domestic market share). The company has an order book of upwards of Rs 6000 cr giving a visibility of around 1.5 years. In services business, Sterlite is developing several network projects, such as, secure network for the armed forces, rural broadband through BharatNet, Smart Cities, and high-speed Fiber-to-the-Home (FTTH).

Key triggers for Sterlite Tech’s growth include- 4G network expansion and 5G deployment around the world, and transformation of the company from supplier of OF & OFC to providing data network solutions. 

Target price is set at Rs 410 with buy rating. 

Aarti Industries - For AIL, Pharma segment has grown at a CAGR of 24% in the last 5 yearsand its contribution to the revenues has risen from 9% to ~15% in the same period. With the company consistently investing in R&D and due to the increased API demand on account of the recent revival in the domestic pharma industry, we expect AIL to further increase its share in the Pharma segment.

Target price is set at Rs 1,740 with buy rating. 

Take Solutions  - Axis values TSL at 10x FY20E given the growth prospects to arrive at a target price of Rs 178. The valuations are conservative as TSL is trading at lower valuations compared to global peer, with coming quarters’ performance at par with expectations, TSL has the potential to be re-rated at higher multiple. 

Marico - While, the stock price has witnessed a run up recently, we believe, there is furthermore upside from current levels with a medium term perspective. Also, at a time when both sector multiples, as well as ability of peers to pass on emerging RM cost pressures are under question, Marico provides better visibility compared to peers. Moreover, with over 30% sales coming from rural (management’s target @40%) It is is emerging as an interesting play on rural growth.

Target price is set at Rs 428 with buy rating. 

Amber Enterprises India  -  Increasing demand of outsourcing by brand owners to improve their returns provides growth opportunities for AEL; government thrust on local manufacturing and measures such as increase in customs duty augurs well for ODM’s like Amber. 

Target price is set at Rs 1,106 with buy rating. 

Going ahead, these 8 stocks are best bet as per Religare Broking firm. 

Akzo Nobel India -  Indian paint industry is expected to grow by 13% CAGR over FY18-21E to reach Rs 80,089 Crs, driven by government initiatives, increase in rural spends, boost in infra projects, favourable automobile industry trends, etc. This, along with demand uptick, stabilization of input cost, and higher contribution from decorative segment is likely to boost Akzo's
revenue, which is estimated to grow by 6-7% CAGR over FY18-21. 

Moreover it has an added advantage of being a debt free company with negative working capital and strong balance sheet. Hence, it is recommended a BUY on the stock with target price of Rs 1,955. 

Emami - It is estimated its revenue and PAT to grow by 8.7% & 12.3% CAGR respectively over FY18-21E on back of its focus on growing its power brands such as Kesh King, Navratna, Zandu and Fair & Handsome.

Hence, a Buy rating is recommended on the stock with target price of Rs 496.

Indraprastha Gas -  IGL’s subsidiaries catering to under penetrated but promising areas will also aid profits. The company’s ability to pass on increase in gas cost, low working
capital and leveraging of existing infrastructure will support future growth. Maintain Buy with a target price of Rs 315. 

ITC - Religare feels that ITC deserves to trade at better valuations, considering its strong brand equity, improving revenue share of FMCG business, robust cash flows and
consistent & healthy dividend pay-outs. Maintain a Buy with target price of Rs 337.

Rallis India - Expect sales and PAT to grow at a CAGR of 13.2% and 16.3% respectively over FY18-21E. Further, the concerns over poor monsoon leading to muted numbers in FY19E are factored in the current valuation. Hence,  recommend Buy with a target price of Rs216 (16xFY21E).  

TeamLease Services -  TEAM’s strong performance to continue given strong industry trends, its stellar past record of 20%+ growth, diversified portfolio (26.7% business from top 10 clients), wide pool of candidates (10 million), debt free balance sheet and healthy return ratios.  TEAM’s Revenue/EBITDA/PAT to grow at CAGR of 20.7%/32.3%/33.1% over FY18-21E. Hence, recommend a Buy on the stock with a target price of Rs. 3,244.

Voltas -  Leverage free balance sheet, healthy cash flows & steady dividend payouts should provide valuation comfort. It is recommend a Buy on the stock with target price of Rs 697. 

Whirlpool of India - WIL’s Revenue/EBITDA/PAT to grow at CAGR of 14.3%/16.0%/18.0% over FY18-21E. Hence, recommend a Buy on the stock with a target price of Rs. 1,590.

Now that everything is said and done, let's make most of markets this year. Remember to do your own analysis on your favorite company, read in between the lines of market trend and work beyond the nature of stocks. A very Happy New Year!