5 long-term stocks to buy now amidst market uncertainty: Top brokerage picks

21 hours ago 1

As Indian stock markets face heightened volatility and steep declines, identifying fundamentally strong stocks becomes essential for long-term wealth creation. According to top brokerage firms, select stocks with robust fundamentals and sector tailwinds offer attractive entry points even in a falling market.

Here are 5 stocks that Axis Securities Ltd has recommended with a Buy rating, based on technical levels and long-term growth potential:

1. Sumitomo Chemical India Ltd

Current Price: Rs 651.45

Buy Range: Around Rs 652

Target Price: Rs 755

Stop Loss: Rs 620

Sumitomo Chemical, a leading agrochemical player in India, is considered well-positioned due to its deep market presence and product pipeline. Brokerages suggest it could deliver healthy returns from current levels.

2. Sudarshan Chemical Industries Ltd

Current Price: Rs 1,449

Buy Range: Rs 1,425–1,439

Target Price: Rs 1,565

Stop Loss: Rs 1,404

Sudarshan Chemical, known for its pigment and color solutions, has strong future growth potential. Analysts believe its positioning and product demand make it a solid buy in a volatile market.

3. Chemcon Speciality Chemicals Ltd

Current Price: Rs 243.4

Buy Range: Rs 238–240

Target Price: Rs 285

Stop Loss: Rs 225

Chemcon operates in the speciality chemicals sector, which continues to see robust demand. Brokerages expect the stock to benefit from ongoing industry tailwinds.

4. Star Cement Ltd

Current Price: Rs 241.41

Buy Range: Rs 237–239

Target Price: Rs 263

Stop Loss: Rs 231

Star Cement is viewed as a stable player in the infrastructure and cement segment. Analysts see this as a tactical entry point given the stock's valuation and long-term growth outlook.

5. PB Fintech Ltd (Policybazaar & Paisabazaar Operator)

Current Price: Rs 1,801.4

Buy Range: Rs 1,802–1,820

Target Price: Rs 2,015

Stop Loss: Rs 1,755

PB Fintech, a leader in the digital insurance and lending space, is well-positioned to capitalise on India’s growing fintech penetration. Analysts remain bullish on the company's long-term growth story.

Disclaimer: These investment recommendations are based on brokerage reports and do not reflect the views of this publication. Investors are advised to consult financial advisors before making any investment decisions.

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