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    Stocks to buy: Consider stocks with strong analyst sentiments; 5 stocks with upside of up to 18.6%

    The group of these 29 stocks delivered an average return of 47.3% between 2 January 2023 and 29 December 2023.

    Synopsis

    Given the concerns over stretched valuations and a likely jump in volatility in an election year, it is important to consider the stocks that are favoured by experts. ET Wealth has identified stocks that have seen an improvement in the analysts’ sentiments between the start and end of the previous year.

    The Indian equity markets displayed a strong performance in 2023, led by robust FPI inflows and buoyant domestic growth prospects. Foreign investors bought equities worth Rs.1.71 lakh crore in 2023, the highest ever calendar year inflow, according to data compiled from NSDL. FPIs were net buyers of equities in eight out of 12 months, with December witnessing the highest inflow of Rs.66,135 crore.The key equity benchmarks, Nifty 50 and MSCI India
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    The Economic Times