Track 2016 Expert Stock Predictions for NIFTY and SENSEX
Stock prediction is a devil’s game, but come Diwali or the year-end, everyone and their brothers come out with stock predictions for the next year.
Stock gurus are no different. Brokerages come out with their year-end targets for indices. Often these are horribly wrong and almost always, brokerages tend to issue a higher target when the market is going up, and revise it downwards when the market is going down.
There’s rarely any accountability on what happened versus what they said.
In this post, I have collated targets for NIFTY, SENSEX and the GDP from various experts. We will review them few times a year. It will be interesting to see who was right, and how close to their predictions.
We started tracking the performance of stock gurus in 2015. All of them came short, some by as much as 30%.
The table below tracks the predictions and targets from Diwali 2015 to Diwali 2016.
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The table below tracks the targets for December 2016.
Stock | Forecast | Broker | Source | Target Date | Jan-16 | Feb-16 | Mar-16 | Apr-16 | Target Met? |
Allcargo | 395 | Kotak Securities | Business Standard | Diwali 2016 | 187 | 142 | 153 | 154 | -61% |
Amara Raja | 1040 | Angel Broking | Business Standard | Diwali 2016 | 838 | 858 | 875 | 955 | -8% |
Ashok Leyland | 111 | Angel Broking | Business Standard | Diwali 2016 | 89 | 85 | 108 | 106 | -5% |
Ashoka Buildcon |
214 | ICICI Direct | MyInvestmentIdeas.com | Diwali 2016 | 193 | 175 | 171 | 136 | -36% |
Axis Bank | 630 | Angel Broking | Business Standard | Diwali 2016 | 408 | 386 | 444 | 472 | -25% |
Bajaj Corp | 530 | ICICI Direct | MyInvestmentIdeas.com | Diwali 2016 | 382 | 377 | 386 | 387 | -27% |
Bajaj Finance | 5100 | ICICI Direct | MoneyExcel | Diwali 2016 | 5928 | 5808 | 6925 | 6829 | 34% |
Blue Dart | 7500 | ICICI Direct | MoneyExcel | Diwali 2016 | 6288 | 5594 | 6050 | 5675 | -24% |
Century Plyboard |
230 | Kotak Securities | Business Standard | Diwali 2016 | 149 | 148 | 171 | 184 | -20% |
Cholamandalam | 727 | Edelweiss | Economic Times | Diwali 2016 | 632 | 636 | 721 | 799 | 10% |
Dabur India | 308 | Kotak Securities | Business Standard | Diwali 2016 | 250 | 241 | 250 | 275 | -11% |
DHFL | 319 | IIFL | MyInvestmentIdeas.com | Diwali 2016 | 183 | 152 | 197 | 198 | -38% |
DHFL | 355 | Motilal Oswal | Business Standard | Diwali 2016 | 183 | 152 | 197 | 198 | -44% |
Engineers India |
250 | Kotak Securities | Business Standard | Diwali 2016 | 192 | 147 | 170 | 179 | -28% |
Greaves Cotton | 180 | IIFL | MyInvestmentIdeas.com | Diwali 2016 | 128 | 118 | 123 | 133 | -26% |
HCL Technologies |
1132 | Angel Broking | Business Standard | Diwali 2016 | 865 | 824 | 814 | 750 | -34% |
HDFC Bank | 1262 | Angel Broking | Business Standard | Diwali 2016 | 1049 | 961 | 1070 | 1132 | -10% |
HDFC Bank | 1200 | Prabhudas Liladha | Business Standard | Diwali 2016 | 1049 | 961 | 1070 | 1132 | -6% |
ICICI Bank | 348 | Angel Broking | Business Standard | Diwali 2016 | 230 | 184 | 236 | 237 | -32% |
ICICI Bank | 400 | Kotak Securities | Business Standard | Diwali 2016 | 230 | 184 | 236 | 237 | -41% |
Infosys | 1306 | Angel Broking | Business Standard | Diwali 2016 | 1164 | 1121 | 1218 | 1208 | -8% |
Infosys | 1230 | Kotak Securities | Business Standard | Diwali 2016 | 1164 | 1121 | 1218 | 1208 | -2% |
Infosys | 1440 | Prabhudas Liladha | Business Standard | Diwali 2016 | 1164 | 1121 | 1218 | 1208 | -16% |
Inox Wind | 505 | Angel Broking | Business Standard | Diwali 2016 | 316 | 218 | 269 | 271 | -46% |
Inox Wind | 546 | Motilal Oswal | Business Standard | Diwali 2016 | 316 | 218 | 269 | 271 | -50% |
Ipca Labs. | 900 | Angel Broking | Business Standard | Diwali 2016 | 668 | 571 | 581 | 497 | -45% |
ITC | 350 | ICICI Direct | MoneyExcel | Diwali 2016 | 320 | 290 | 328 | 325 | -7% |
Jagran Prakashan |
169 | Angel Broking | Business Standard | Diwali 2016 | 161 | 147 | 160 | 159 | -6% |
JK Lakshmi Cement |
450 | Prabhudas Liladha | Business Standard | Diwali 2016 | 301 | 267 | 340 | 349 | -22% |
Kajaria | 885 | ICICI Direct | MoneyExcel | Diwali 2016 | 974 | 880 | 958 | 1049 | 19% |
Larsen & Toubro |
1646 | Angel Broking | Business Standard | Diwali 2016 | 1101 | 1110 | 1220 | 1254 | -24% |
LIC Housing Fin |
571 | Angel Broking | Business Standard | Diwali 2016 | 475 | 408 | 392 | 462 | -19% |
Maruti Suzuki | 4934 | Kotak Securities | Business Standard | Diwali 2016 | 4095 | 3409 | 3716 | 3794 | -23% |
MT Educare | 169 | Angel Broking | Business Standard | Diwali 2016 | 164 | 143 | 166 | 169 | 0% |
NIIT | 125 | Edelweiss | Economic Times | Diwali 2016 | 85 | 69 | 81 | 83 | -34% |
PNC Infrastructure |
485 | ICICI Direct | MoneyExcel | Diwali 2016 | 506 | 471 | 528 | 522 | 8% |
PNC Infrastructure |
609 | Kotak Securities | Business Standard | Diwali 2016 | 506 | 471 | 528 | 522 | -14% |
Praj Industries |
105 | Kotak Securities | Business Standard | Diwali 2016 | 97 | 73 | 89 | 96 | -9% |
Radico Khaitan | 119 | Angel Broking | Business Standard | Diwali 2016 | 114 | 92 | 95 | 88 | -26% |
SBI | 518 | Prabhudas Liladha | Business Standard | Diwali 2016 | 179 | 153 | 194 | 189 | -64% |
Sintex | 145 | Motilal Oswal | Business Standard | Diwali 2016 | 79 | 67 | 77 | 83 | -43% |
Siyaram Silk | 1145 | Angel Broking | Business Standard | Diwali 2016 | 1094 | 970 | 979 | 1040 | -9% |
Sun Pharma | 1055 | Kotak Securities | Business Standard | Diwali 2016 | 872 | 871 | 820 | 811 | -23% |
Supreme Industries |
775 | Kotak Securities | Business Standard | Diwali 2016 | 740 | 666 | 740 | 800 | 3% |
Surya Roshni | 183 | Angel Broking | Business Standard | Diwali 2016 | 150 | 124 | 142 | 149 | -19% |
Symphony | 1900 | ICICI Direct | MoneyExcel | Diwali 2016 | 2208 | 1965 | 2379 | 2387 | 26% |
Syngene | 355 | ICICI Direct | MoneyExcel | Diwali 2016 | 402 | 403 | 385 | 388 | 9% |
Tata Motors | 518 | Prabhudas Liladha | Business Standard | Diwali 2016 | 336 | 301 | 386 | 408 | -21% |
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