Festive Sale: These 15 Nifty50 stocks are available at discounted prices from their 52-week highs; details inside

We hope you did your shopping during the Flipkart Big Billion Day sale, or if not, you probably shopped during the Amazon Festive Sale. Throughout the year, everyone eagerly awaits these significant festive sales during Navratri in India. Customers make plans and conduct thorough analyses of the current market prices before offers, the offered prices, the amount of discount being provided, and any other promotions available.

For example, if someone plans to buy a smartphone, they first research everything about its specifications and features. They then compare this information with other phones offered by different companies. This is a common practice. Strangely, we often don’t apply the same level of intense research to the stock market before investing. If we were to conduct the same in-depth research as we do before purchasing a mobile phone, the results would likely be much better. It would enable us to protect ourselves from investing in companies that may not be ethically sound, have poor business or financial performance, or have subpar management.

Investors generally aim to buy low and sell high, which is the right practice. On the other hand, buying high and selling low is a mistake. As we know, the Nifty50 has fallen from its 52-week high of 20,222 levels, which is a decline of around 650 points or 3.21%. It is currently trading at 19,752 levels.

Out of the 52 stocks in the index, 15 stocks have outperformed the index and have fallen less than the Nifty from its 52-week high level.

Conversely, the remaining 35 stocks have fallen more than the Nifty, and in this article, we are going to explore only 15 stocks available at a discounted price of over 10% from its 52-week high price. Undoubtedly, these stocks excel in every parameter because they are part of India’s most trusted and traded index, Nifty50.

However, fifteen stocks are outperforming the index and have fallen less than the index from its 52-week highs. Some of the names include Bajaj Auto, Maruti Suzuki, IndusInd Bank, Hero MotoCorp, Tata Motors, and so on.

The primary intention of this article is to briefly inform investors that these companies are currently trading at very favourable prices compared to their all-time high levels. However, the decisions regarding entry, exit, capital allocation, and risk management rest entirely with the investor. When investors enjoy the rewards of investing in stocks, they must also be prepared to take on the associated risks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.