From ICICI Bank, L&T to Mastech: SMC Global Securities suggests buying these 10 stocks with 15-30% upside for the long term.

Stocks to buy in 2025: The domestic stock market witnessed significant gains, with major indices like Nifty 50 and Sensex registering gains of 8-10%. This positive performance was driven by a combination of global economic trends, domestic policy reforms and sector-specific developments. Domestic Institutional Investors (DIIs) played an important role highlighting the growing confidence in India’s economic story.

Domestic retail participation has also increased due to increasing financial literacy and greater access to digital trading platforms, making equities the preferred asset class for many investors. Looking to 2025, India’s economy is expected to grow on an upward trend, with GDP growth estimated at 6.3% for FY20.

Key factors supporting this growth include strong private investment, rising domestic consumption and ongoing government initiatives such as momentum power, production-linked incentives (PLI) and Make in India. A focus on infrastructure development, renewable energy expansion and manufacturing is also expected to boost economic growth.

With global monetary conditions expected to ease, especially as the US Federal Reserve adjusts its policies, India is well-positioned to attract FII inflows, supporting market stability and growth. The economic scenario is stabilizing on the global front. US stock market expected to remain stable with low inflation and steady growth

1.8-2.0%. Europe, despite facing challenges, is showing signs of recovery as energy markets stabilize, although growth is projected to remain below pre-pandemic levels. India and Japan are expected

Driven by improved performance, strong domestic demand and innovation. However, risks such as geopolitical tensions, a potential recession in China and persistent inflation in major economies could have a global impact

In terms of sectors, financial conditions remained better in 2024, supported by a 15% annual increase in credit growth and improved asset quality across banks and financial institutions. This trend is likely to continue through 2025,

The sector has been strengthened by an emphasis on digitalisation, financial inclusion and regulatory reforms. The technology sector also witnessed a boom in the latter half of 2024 due to increasing demand for digital

Transformation Services, Cyber ​​Security Solutions and Generative AI. The sector is expected to remain a major growth driver in 2025. The healthcare and pharmaceutical sectors have continued to perform strongly.

Strong domestic demand and export opportunities. Continuous innovation in biotechnology and increased investment in R&D are likely to further accelerate the growth of the sector. Similarly,

Positive momentum was seen in the infrastructure and manufacturing sectors, aided by government capital expenditure and increased private sector participation in public projects, which is expected to

Continue to accelerate development. Sectors such as alcoholic beverages and hospitality are expected to see growth, with the former benefiting from increased demand for premium products and the latter being the focus area.

Sustainability and operational innovation. The steel sector will continue to benefit from domestic infrastructure projects, although global price fluctuations will remain an important factor to monitor.

While the outlook for 2025 remains positive, investors should be mindful of risks such as geopolitical tensions, trade conflicts and economic slowdown in regions such as China and Europe. despite these

Challenges India’s long-term growth potential, supported by diverse sectors, presents significant opportunities for investors. With a strategic, sequential investment approach, 2025 offers a promising proposition

environment for those looking to take advantage of India’s growing market