​​Analysts are forecasting the likelihood of sustained performance in some of them. Out of the 13 stocks that have fetched returns every year in the past six years, eight could continue their winning run, according to analyst consensus price targets compiled by Bloomberg.

"A few things have clearly happened largely on the positive side, thankfully for the auto sector. One, of course, the global crude price has seen a sharp correction. The second factor is that in the initial months of the year a lot of metal prices corrected. In the last two-three months, metal prices have been flat but still on a year-to-date basis, they are down 15%-20% except for nickel. So, as most metal prices are down it is a positive for the automobile sector," said Kunj Bansal of Investment-illiteracy.com in an interaction with ET NOW.

Varun Beverages was also in focus, climbing 3 percent to end at record closing high of Rs 1,410 and formed bullish candle on the daily charts. Also it has seen a break out of small horizontal resistance trend line adjoining December 5 and December 8.

We always have been following QGLP philosophy of buying high-quality companies with high growth and longevity at reasonable prices. So, our strategy has always been three-pronged.

Motilal Oswal is bullish on Tube Investments of India recommended buy rating on the stock with a target price of Rs 3250 in its research report dated November 07, 2022.

It has been noticed that 1-2 months after the rebalance, on average, 60% of the time stocks settled with losses. “Barring Adani Group stocks, most of the other inclusion names have traded in a narrow range up until six months post-rebalance,” Nuvama said.

For India, ABB India, Bajaj Holdings, Indian Hotels, Tube Investment, TVS Motor and Varun Beverages have been added to the list

"We anticipate that small and mid-cap performance will drive the Indian equity market. We have observed a continuous increase in the number of retail investors over the years, and retail investors often park their cash in mid and small-cap stocks. As a result, we expect mid- and small-cap stocks to do better in the new Samvat year. We also predict that FIIs will resume their robust return."

Nifty Bank has been a clear outperformer so far in 2022 with a rally of nearly 9% as against a 1.5% decline in the headline index Nifty. While auto stocks have been rallying on the back of strong demand, the realty index has lost over 12% this year.

Birla Cable was locked in 20 percent upper circuit at Rs 144, forming robust bullish candlestick pattern on the daily charts with above average volumes. It has seen a breakout of long downward sloping resistance trend line adjoining March 23, April 7, and August 2 this year.

Motilal Oswal is bullish on Tube Investments of India recommended buy rating on the stock with a target price of Rs 2380 in its research report dated August 03, 2022.

Stocks that were in focus include names like Tube Investments which rallied more than 12 per cent, GE Shipping which closed with gains of nearly 7 per cent, and Pidilite Industries which made higher highs and higher lows -- a bullish sign.

Motilal Oswal is bullish on Tube Investments recommended buy rating on the stock with a target price of Rs 2230 in its research report dated July 18, 2022.

The Nifty Pharma index closed 0.25 per cent down at 12682.2.

In the Nifty pack, 32 stocks closed in the green, while 18 stocks ended in the red.

The Nifty IT index closed 0.08 per cent up at 27346.15.

The Nifty Auto index closed 1.05 per cent up at 12538.9.

The Nifty Bank index closed 1.02 per cent up at 35720.35.

In the Nifty50 index, 32 stocks closed in the green, while 18 stocks ended in the red.

In the Nifty 50 index, 32 stocks ended in the green, while 18 stocks closed in the red in today's trade.

Himadri Speciality Chemical rallied 15.88 percent to Rs 73.35 and formed strong bullish candlestick pattern on the daily charts with higher than average volumes. Even on weekly basis, there was a bullish candle formation and on the monthly scale, the stock has seen Bullish Engulfing pattern, indicating positive trend.

Motilal Oswal is bullish on Tube Investments has recommended buy rating on the stock with a target price of Rs 1900 in its research report dated June 23, 2022.

The brokerage believes that the new strategy of the company could be a trigger for rerating in the future

The discussion also dwelt into steps required to enable MSMEs to leverage this PLI driven growth and become the bedrock of the local electronic manufacturing ecosystem of India.

Company to move into medical devices & instruments, electronic products & components, and energy-related products