Holi 2023 picks: Buy HDFC Bank, Asian Paints, Whirlpool, Tata Chemicals shares to add colour to your portfolio

Stocks to buy on Holi 2023: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta, Sumeet Bagadia and Sandeep Jain share their top recommendations to mark the occasion of Holi 2023. On their list are stocks such as Asian Paints, Whirlpool, Tata Chemicals and Bank of Mararashtra.

Here's a list of stocks top analysts recommend buying as Dalal Street appreaches Holi 2023:

Rakesh Bansal stock recommendation: Buy HDFC Bank, Whirlpool shares

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Rakesh Bansal of Rakesh Bansal Ventures shares two 'buy' calls with Zee Business viewers.

Buy HDFC Bank shares: Bansal recommends buying HDFC Bank shares for a target of Rs 1,656 with a stop loss at Rs 1,596.

Buy Whirlpool shares: He suggests Whirlpool for targets of Rs 1,365 and Rs 1,380 with a stop loss at Rs 1,300. "The stock appears to be forming a base, with all stocks in the space seeing big moves," he says.

Sumeet Bagadia stock recommendation: Buy Asian Paints shares

Sumeet Bagadia of Choice Broking believes the recent correction should be followed by a strong upmove in Asian Paints shares. He suggests going long on Asian Paints shares for targets of Rs 2,900 and Rs 2,950 with a stop loss at Rs 2,750.

Himanshu Gupta stock recommendation: Buy Bank of Maharashtra Bank shares

Himanshu Gupta of Globe Capital Markets says a "2.0 rally has begun in banks, which can lead to strong moves in stocks from the space". He suggests buying Bank of Maharashtra shares for targets of Rs 35 and Rs 40 with a stop loss at Rs 24.

Sandeep Jain stock recommendation: Buy ITD Cementation, Tata Chemicals, LTTS, Coromandel, West Coast Paper shares

Sandeep Jain of TradeSwift suggests going long on ITD Cemendation, a stock he recommends buying as his main Holi pick of the year. "It is a good infrastructure company whose stock appears to be rebounding," he says.

He also suggests buying a few other stocks this Holi:

• Tata Chemicals
• L&T Technology Services (LTTS)
• Coromandel International
• West Coast Paper Mills

Anil Singhvi says Nifty50, Nifty Bank have confirmed a short-term bottom

Zee Business Managing Editor Anil Singhvi believes the Nifty50 has confirmed a short-term bottom at 17,250-17,350 levels, and the Nifty Bank at 39,600-39,900 levels.

"A slide below these levels will need something really bad... Until then, one should take a 'buy on declines' approach in the market," he said.

Read more on how Anil Singhvi views the market today and what he recommends

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