Durga Puja Stock Market Strategy: From ITC To Titan; 5 Stocks Set To Shine During Festive Demand

The global trade war is not showing any sign of slowing down. Initially, the buzz was that the US would primarily target China with massive tariffs, which would end up working in favour of India. But after months of US-India trade talks going nowhere, the US slapped a 25% tariff on India and then quickly doubled it with another 25%.

Talks are expected to restart soon, but for now, the equity markets are stuck dealing with all the uncertainties. Amid global trade concerns with tariff related uncertainties, India's domestic picture still looks very solid.

"Our strength lies in a massive domestic market that runs more on local consumption than exports. And on top of that, four robust reasons to remain positive-lower GST and income tax rates, lower interest rates due to repo cut, favourable monsoon, and the possibility of softer global oil prices in the coming months. Altogether, these factors present compelling reasons to bet on selective segments despite all the global uncertainties," said Prasenjit Paul - equity analyst at Paul Asset and the fund manager of 129 Wealth Fund.

For investors, the key will be to remain selective and focus on segments like automotive, consumer durables, FMCG, healthcare etc for outperformance. By being selective, an investor can reap benefits from the domestic tailwinds present in the Indian market amid global trade uncertainties.

The rollout of GST 2.0 has been a significant contributor by simplifying the tax regime, lowering cascading expenses, and enhancing supply chain efficiency. This has led to lower overall expenses while enacting better compliance throughout the industry.

The impact was visible on September 22nd when Maruti Suzuki India, the country's largest carmaker, reported delivering close to 30,000 vehicles in a single day, the strongest festive opening in more than three decades. Alongside this, the industry saw over 80,000 consumer inquiries, a clear sign of buoyant demand.

"We feel this festive period is being aided by several positive contributory factors, including a more open tax regime, favourable interventions in the form of income tax rebates, and lower interest rates, all driving buying decisions. With positive consumer sentiment and healthier fundamentals, the industry seems to be at an inflection point, and this momentum is likely to extend in the months ahead," commented Trivesh D, COO Tradejini.

5 Stock Picks For A Prosperous Dussehra 2025

Technical analyst - Riyank Arora of Mehta Equities Ltd have recommended 5 stocks for as the top Dussehra stock picks for 2025.

ITC

BUY | CMP : Rs 406 | SL : Rs 395 | TARGET : Rs 425-435

ITC is consolidating near its key support around ₹400, forming a strong base for the next leg higher. The stock has witnessed consistent buying on declines, supported by healthy volumes and a positive RSI trend. With defensive demand and sectoral strength in FMCG, ITC looks well placed for a gradual upmove. Sustaining above ₹405 can trigger momentum toward ₹425-435 in the near term. Risk-reward remains favorable with limited downside.

Avenue Supermart

BUY | CMP : Rs 4537 | SL : Rs 4450 | TARGET : Rs 4700-4800

Avenue Supermart (DMart) is holding steady above its 20-day moving average, signaling strong momentum and resilience in the retail sector. The stock has formed higher lows on the daily chart, indicating sustained accumulation. A breakout above ₹4550 may accelerate momentum towards ₹4700-4800 in the coming sessions. With healthy business fundamentals and strong consumer demand, DMart is well positioned for continued upside. Buying near current levels with a strict stop loss at ₹4450 is recommended.

Trent

BUY | CMP : Rs 4720 | SL : Rs 4600 | TARGET : Rs 4900-5000

Trent continues to outperform in the retail space, maintaining its strong uptrend with higher highs and higher lows on the charts. The stock is well supported around ₹4650-4600, making this a crucial demand zone. Momentum indicators remain firmly bullish, suggesting further upside potential. Sustained trade above ₹4720 could attract fresh buying interest and push prices towards ₹4900-5000 levels. With robust fundamentals and sectoral tailwinds, Trent offers a strong short-term trading opportunity with limited downside risk.

Maruti Suzuki

BUY | CMP : Rs 16132 | SL : Rs 15800 | TARGET : Rs 16650-16850

Maruti Suzuki has regained strength after a recent consolidation phase, supported by steady demand and favorable auto sector sentiment. The stock is holding above its short-term averages, with momentum indicators signaling renewed buying interest. A move above ₹16200 can drive further momentum toward ₹16650-16850 in the near term. Strong fundamentals, festive demand tailwinds, and consistent volume trends add confidence to the bullish outlook. Buying at current levels with a stop loss at ₹15800 is advisable.

Titan

BUY | CMP : Rs 3373 | SL : Rs 3300 | TARGET : Rs 3500-3550

Titan has been consolidating within a narrow range, with strong support near ₹3300 acting as a demand zone. The stock is showing signs of a breakout on the daily charts, with improving RSI and bullish momentum building up. Sustained trade above ₹3380 could fuel a rally towards ₹3500-3550. Seasonal demand in jewelry and festive sentiment may further aid price movement. Risk-reward looks attractive for positional buyers at current levels, with a strict stop loss at ₹3300.

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