Sharekhan's Stock Picks: DLF, KPR Mill Among Long-Term Buys With Up to 44% Upside

The Indian stock market has started the week on a sluggish note, with the Nifty index dipping below 26,000. Market analysts suggest that this period of consolidation may persist until the rupee strengthens, trade deal negotiations become clearer, and foreign institutional investors (FIIs) cease their selling activity.

Against this backdrop, Sharekhan, a domestic brokerage firm, has pinpointed five stocks across various sectors that it believes are strong candidates for long-term investment. Sharekhan cites the companies' solid fundamentals and potential for growth as key reasons for their selection. The brokerage anticipates that these stocks are well-positioned to deliver returns over the long haul, even amidst short-term market fluctuations.

Here's a summary of Sharekhan's stock picks, including their target prices and the investment rationale behind each selection.