Brokerages initiate buy call on these 11 stocks in October which could return 10-73%

Hence here are 11 stocks where brokerages initiated coverage with a buy call, which could give 10-73 percent return:

After logging a solid 5 percent gain in September, the Indian market has largely remained rangebound in the month of October. Benchmark indices Nifty and Sensex are around the same levels recorded at the beginning of the month.

The broader markets have taken some beating this month as mid and smallcap index underperformed the frontliners. BSE Midcap index fell more than a percent and Smallcap index lost nearly 3 percent. However, the rate of fall has decreased compared to previous months.

So far, the September quarter earnings of India Inc have largely remained as per the expectations of the street. Hence, the market has not witnessed any knee jerk reaction and has also found support from government measures announced since August.\

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