Stocks to Buy for Long Term: Sharekhan sees up to 44% upside in these stocks; DLF, KPR Mill in the list

The week has begun on a weak note, with the Nifty slipping back below the 26,000 mark. The market is currently going through a time-wise consolidation phase, and analysts believe this consolidation could continue until there is strength in the rupee, greater clarity on trade deal negotiations, and a halt to foreign institutional investors’ (FIIs) selling. Amid this backdrop, domestic brokerage firm Sharekhan has identified five stocks across different sectors for long-term investment, citing their strong fundamentals and growth potential. The brokerage believes these stocks are well placed to deliver returns over the long term despite near-term market volatility. Here’s a look at Sharekhan’s stock picks, along with their target prices and key investment rationale.