Investment in the stock market helps investors generate returns that are better as compared to traditional forms of investment. Wealth creation is possible through careful selection of the best stocks. Nifty 50 include top 50 large capital stocks. Nifty 50 Index serve as a benchmark for the overall market. The index comprises of the best-performing stocks for long term investment. Here are the top five nifty 50 stocks that investors can consider for long-term holding and investment:
- Reliance Industries Ltd
Reliance Industries Ltd is a conglomerate engaged in various businesses like refining, telecommunications, oil, retail, and even petrochemicals. Considered to be a leader in the stock market in terms of capitalization, the stock has been able to generate stable returns for its investors. Rapid growth and robust performance over the years with continuous plans for expansion make Reliance Industries Ltd an obvious choice for long-term holding by investors.
- HDFC bank
Considered to be a leader in the private banking space, HDFC Bank is best known for its strong performance, year-on-year growth, risk management, and high deposit and loan growth. The bank has set up a wide network of branches that offer diverse services to its customers. Stable revenue as well as sufficient plans for further expansion makes HDFC Bank another great choice for investment. Moreover, the HDFC Bank stock has been able to generate 35.48% returns over the past five years making it suitable for long-term investment.
- Adani Enterprises
Being a conglomerate as well, Adani Enterprises is engaged in various sectors like logistics, port management, agriculture business, energy, and even aerospace. With a diverse business landscape, the company aims towards diversification and capital infusion in its various businesses. Moreover, the company has sufficient plans for future growth in green energy, and infrastructure development. Long-term investors can capitalize on the future growth of the company. Moreover, the Adani Enterprises share price has stabilized despite tailwinds.
- Hindustan Unilever Ltd
Hindustan Unilever Ltd is India’s leading FMCG organisation which is a subsidiary of global Unilever. Strong brand name, a wide network of distribution, and the ability to serve customers with products of low-price points, Hindustan Unilever has been able to maintain its position in the FMCG sector. Investors can opt for HUL stock by keeping in mind the never-ending demand for essential commodities and the overall market position of the company.
- Tata consultancy services
Tata Consultancy Services offers an extensive range of IT services to various national as well as international companies. With a strong portfolio of IT solutions, diversified service and software offerings, and consultancy solutions, Tata Consultancy Services is a strong organization. Moreover, with consistent growth and endless demand for IT services, the TCS stock is a worthy addition to the investor portfolio for investment protection and stable returns.
The Nifty 50 stocks as mentioned above are best known for their strong fundamentals as well as future growth prospects. Careful selection and addition of the above-mentioned stocks in the portfolio for the long term can help investors protect their investment and generate good returns.
