Diwali stock picks: of crackers and crashes
New Delhi, Nov. 5 -- As Diwali lights begin to come on, brokerages are once again rolling out their stock pick ritual, promising to brighten investors' portfolios. But how many of last year's festive bets actually lit them up? Not many, it turns out. Nearly two-thirds lost value, with almost a third shedding more than 25%. Yet, interestingly, more than half still managed to beat the Sensex, shows a Mint analysis.
In the analysis, of the 148 stocks recommended by 40 brokerages for Diwali 2025 shows that nearly 63% declined from last Diwali till date (20 October 2025 and 30 October 2026). Yet 53.4%, outperformed the Sensex, which fell 11.7% over the period. Almost a third of the picks lost more than a quarter of their value.
Sandip ...
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