It will be difficult picking the top india stock picks for 2010 in these tumultuous  and volatile times , but luckily the  pastures are looking greener for the future and rest assured if we stick with some of our proven performers with a little punt of the new hopefuls we can stay ahead of the pack. In 2010 – 11 India’s nominal GDP is estimated to be US$1.3 trillion. Assuming 12.4% annual growth (7% real and 5% inflation), India’s GDP in 2015 – 16 works out to US$2.3 trillion i.e. an addition of US$1 trillion in the next 5 years.

India’s Next Trillion Dollar Era will see a huge boom in consumption and savings/investment, which will throw up several Winner Categories i.e. those which grow at over 1.5 times GDP growth rate, and are consolidated in nature.

India stocks 2010.money.shot

There are 21 such Winner Categories.Within these categories there are Category Winners which will enjoy exponential growth in profits. Category Winners bought at reasonable (not necessarily cheap) valuation create significant wealth over the long term.

Top india  stocks for 2010

Tata steel

Suzlon

HCL TECH

Vijaya Bank

ONGC

Larsen and Toubro

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Indian stock picks for 2010

India’s 7.9% economic growth in the third quarter of 2009 vividly illustrates a dramatic transformation in the country’s image, from a land of elephants and snake charmers to that of an IT powerhouse and an emerging economic giant. While both sets of perceptions are valid, they hide far more than they reveal. Indeed, when it comes to the Indian economy, what most people believe to be true contains more fiction than fact.

1. Indraprastha Gas Limited (IGL) will continue to enjoy monopoly in the National Capital Region (NCR).
2. Cement stocks will be in limelight for some more days due to better than expected results estimates.
3. Tata Communications is the dark horse, according to many analysts.
4. Hats off to Narendra Modi for announcing new industrial policy for Gujarat. We need such concrete measures at centre to face current slow down.
5. I am positive on growth prospects of Mundra Port but current valuations are not sustainable.
6. Best auto companies by sales are Hyundai in 4-wheelers and Yamaha in 2-wheelers. Unfortunately, both Companies are not listed in the Indian stock markets.

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Analysts picks: Infosys Technologies, Hindustan Zinc, Tata Steel, Jet Airways, Adani Enterprises

1. Tata Power: Positive growth prospects but I have some doubts on financial front.
2. Maruti Suzuki: More clarity is needed.
3. IVRCL Infra : Rare infra company which is not facing any financial troubles. IVRCL is a must buy when markets correct in the coming months.
4. Marico: Good Company but I always try to accumulate growth stars.
5. Piramal Healthcare: Company is making strategic moves but take time.
6. Glenmark: Company will outperform other Pharma stocks if market conditions improve. This is a must buy when market corrects to reasonable levels.