5 Investment Picks for a Downturn Market

[{"selector":"#anim-4b1ff14c-3818-429d-8fdf-14e7ac2f934d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] By : 5paisa 12 August 2024

[{"selector":"#anim-9910ed2b-60fa-4b12-b4f8-ddfedec617dd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-533e4412-e459-4745-9c33-25eec465303f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71f223d0-c182-46ca-8137-d376663fa570","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-17c4c9a3-47ea-4a12-8fcc-3392a9b2d7d0","keyframes":{"transform":["translate3d(0px, -381.99022%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] HDFC Bank is one of India's largest private sector banks with a strong balance sheet. It is trading at ₹1,649 and has a ROCE of 7.67%.

[{"selector":"#anim-3f9d958a-8d86-4ab1-add4-5b5a2953e7de [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-10d42f6f-b3ab-404b-b813-6a6a20ff3d86","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-51fa9c2a-8232-4cf0-b17b-da2e308b2305","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a33c622a-9210-4480-a8cc-9ccc13b42662","keyframes":{"transform":["translate3d(0px, -379.24298%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] ITC is a diversified conglomerate with interests in FMCG, hotels, paperboards etc. It is trading at ₹496 and has a ROCE of 37.5%.

[{"selector":"#anim-382a66cd-7408-4219-84ca-6bd6e2ae76ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3b6e4e93-d844-4eed-8d89-a3741c7877dd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28980c42-a9ab-4685-9c7a-a5511cf402b9","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6138eda3-ff78-4018-9b3c-3c19407e683c","keyframes":{"transform":["translate3d(0px, -422.36748%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It is a diversified giant with operations spanning petrochemicals, refining, oil etc. It is trading at ₹2,917 and has a ROCE of 9.99%.

[{"selector":"#anim-3dd05853-d5e3-4902-a758-c8fb6b7cc6a2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b34d0c7c-df2c-4b1b-a768-ced082a88cb7","keyframes":{"transform":["translate3d(0px, 765.93807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-785b7ce6-8e8d-4c57-9805-b1984ebadf7d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2804980-2902-4c6b-befc-c3ca9f51e84f","keyframes":{"transform":["translate3d(0px, -571.63723%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb289f48-7809-4195-8a7c-61e98829d167 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Open Free Demat Account in just 5 Minutes! Start Investing Today Open Demat Account

[{"selector":"#anim-57d921c6-587a-4a7e-b21d-ec340714acee [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f4a8d83e-c156-4533-b5b5-d5dcc18722be","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2dc5b837-3891-4cc4-9b46-727a8f91481b","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49cdd803-7857-4bdb-b0f3-1cc6024e4c57","keyframes":{"transform":["translate3d(0px, -432.17143%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Infosys is a leading IT services company with a global presence. It is trading at ₹1,762 and has a ROCE of 40%.

[{"selector":"#anim-f2abb0e4-5b6a-4bd9-b7bc-dea9b5f297d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-89489a71-d39d-4250-905c-0d438dd6f412","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb50e3fc-47eb-40cd-8ece-8ae0273c7b9a","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b9a4cce-75ed-48be-9c0c-294fef3d5348","keyframes":{"transform":["translate3d(0px, -432.17143%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Asian Paints is a market leader in the Indian paint industry. It is trading at ₹3,029 and has a ROCE of 37.5%.

[{"selector":"#anim-9aaa6179-6652-47b9-b59e-0f81cf1a6593","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f829940a-93ce-4822-8a5e-c58401b098f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6066a4df-3984-48bf-b7ab-63df64b50628","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e07955d-2b37-40d6-8909-06e6ba460cb8","keyframes":{"transform":["translate3d(0px, -162.00542%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d985bb2e-848f-4796-88d3-2dfec796e206 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d2eaf741-5350-4671-b658-89c4b3d2de89","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75f4c864-644b-4f79-93dc-3e9e739f6449","keyframes":{"transform":["translate3d(0px, -554.00514%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Investment/Trading in securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities and Derivatives can be substantial. Disclaimer

[{"selector":"#anim-db9191bd-f0d5-485a-b2c9-216107ce804a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-32149d85-2f9a-4a29-a792-635058deb1ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39c10800-a4f2-47c8-ab78-981541e2cbee","keyframes":{"transform":["translate3d(-120.83334%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read Next Best Social Media Stocks to Watch in 2024 More Web-Stories