Investors are entering the new Hindu calendar year with renewed optimism for Indian equities. Easing valuations, steady earnings growth, and improving foreign inflows are contributing to this positive outlook.

The Nifty and Sensex have declined by about 8% in the previous year, but brokerages have compiled 15 stock ideas expected to outperform in the upcoming Samvat 2083. This presents potential opportunities for investors looking to regain momentum.

According to various brokerages, some of the top picks include tech stocks like Infosys, Tata Consultancy Services, and HCL Technologies. Finance sector companies such as Axis Bank and HDFC Life are also expected to perform well.

Dividend-rich stocks like Hindustan Unilever and Britannia Industries are also in focus due to their consistent payout record. Additionally, investors are keeping an eye on the performance of sector-specific ETFs, which have been gaining traction in recent months.

While there are no guarantees, the positive outlook for Indian equities is backed by several fundamental factors. Steady earnings growth and improving foreign inflows have helped to stabilize valuations, making them more attractive to investors.

Furthermore, the government’s efforts to boost economic growth through infrastructure development and tax reform are expected to have a positive impact on the market.

In conclusion, while there are risks associated with investing in Indian equities, the current outlook suggests that the market is poised for a rebound. Investors looking to capitalize on this trend would do well to keep a close eye on these 15 stocks and sector-specific ETFs.