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Stocks to buy or sell: Analyst picks Axis Bank, Kansai Nerolac ahead of Diwali sessions
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Analyst picks Axis Bank and Kansai Nerolac as buy candidates ahead of Diwali week and short trading sessions.
Analyst Dharmesh Shah of ICICI Securities recommends buying shares of Axis Bank and Kansai Nerolac Paints in the run-up to the Diwali week (October 21-22) and the short-trading session (Muhurat). With earnings momentum and favourable consumption demand in place, the stocks are seen as quality large-cap plays during current market conditions. He also notes that while markets are near highs, selective buying remains sensible rather than broad exposure.