Top Stocks to Invest for Long Term in Indian Share Market (2023)

Best Stocks to Buy in India for  Long Term in 2023 Sr.no Company NSE Code BSE Code CMP (20 Oct '23) Ratings 1 Tata Consultancy Services Ltd. TCS 532540 3494.55 4.5 2 Bajaj Finance Ltd. BAJFINANCE 500034 7769.2 5 3 Godrej Consumer Products Ltd. GODREJCP 532424 988.15 3 4 ITC Ltd. ITC 500875 438.3 4.5 5 Alembic Pharma APLLTD 533573 798.2 1 6 Avanti Feeds Ltd. AVANTIFEED 512573 418.4 2 7 Bajaj Auto Ltd. BAJAJ-AUTO 532977 5489.3 5 8 Berger Paints India Ltd. BERGEPAINT 509480 584.25 3 9 Coromandel International Ltd. COROMANDEL 506395 1137.75 3 10 Dixon Technologies (India) Ltd. DIXON 540699 5520.9 0.5 11 HCL Technologies Ltd. HCLTECH 532281 1258.6 4 12 Hindustan Aeronautics Ltd. HAL 541154 1912.7 0.5 13 ICICI Bank Ltd. ICICIBANK 532174 932.75 4 14 KEI Industries Ltd. KEI 517569 2629.2 0.5 15 Marico Ltd. MARICO 531642 541.6 4.5 16 Mphasis Ltd. MPHASIS 526299 2169.75 3 17 Oracle Financial Services Software Ltd. OFSS 532466 3926.8 4 18 Polycab India Ltd. POLYCAB 542652 5227.3 1 19 Tata Elxsi Ltd. TATAELXSI 500408 7564.4 3 20 Varun Beverages Ltd. VBL 540180 926.2 1 Episode 1: Long-Term Investing Strategy Best Long Term Stocks India: Overview The following are some of the choices to invest in for the long term- 1) Reliance Industries Reliance Industries Limited is an India-based company which operates in the Oil to Chemicals (02C), Oil and Gas, Retail, Digital Services, and Financial Services segments. 2) Tata Consultancy Services (TCS) Tata Consultancy Services Limited (TCS) is an India-based company engaged in providing information technology (IT) services and digital and business solutions. It is one of the safest share to buy in India. 3) Infosys Infosys Limited is engaged in consulting, technology, outsourcing, and next-generation digital services. It is a top-notch global leader in the digital services and consulting domain. 4) HDFC Bank HDFC Bank Limited (the Bank) is an India-based private sector bank. The Bank caters to a range of banking services covering commercial and investment banking on the wholesale side and transactional/ branch banking on the retail side. 5) Hindustan Unilever Hindustan Unilever Limited is an India-based consumer goods company. It is a subsidiary of a British company named Unilever. It is headquartered in Mumbai and is one of the most renowned FMCG companies across the globe. Hence, its shares are often a top choice of investors. Additional Things to Remember Pick a few financials, look at qualitative aspects like management quality, ethics, and CSR activities, and assess them based on historical information over three years or more. According to their market cap, filter companies pick leaders from respective industries that have shown proven long-term sustainable performance. Align your risk level with the risks of the company. Conduct a business and industry analysis to understand industry-specific factors and risks. Invest in a company only if you understand it and what it does. If you plan to invest in any of the above-listed or any more stocks, you should consider using a Brokerage Calculator. It will help you compute the brokerage fee that a broker acquires for facilitating trade. Conclusion This was the list of the best long term stocks to buy in 2023. Time lets your returns compound over time. If you do not withdraw your returns or interest earned midway, you compound returns on an accumulated number rather than just your principle; your returns will compound manifold. Time helps us rule out volatility and short-term risks. If you invest Rs 1,000 in year one and earn 10% returns on it, your amount at the end of year one will be Rs 1,100. If you let your money compound over time and do not redeem your returns, next year, you will get returns of Rs 1,100. Now do this exercise for more significant amounts of investment and longer. This is because the essence and magic of any investment are in the long term.	Hindustan Unilever	FMCG