Introduction –

Investment is one of the best ways to build wealth over time and is an excellent source of passive income. Since equities are the most popular form of investment that gives excellent returns, people opt for investing in stocks. This leads investors to seek out the top blue chip stocks in India 2023 for finding good investing opportunities.

Investments made for the long term almost always lead to capital appreciation and give excellent returns. These investments can be made in equity or debt, depending on the risk appetite and on the desired rate of returns.

Let us look at the list of some of the best blue chips stock list so we can pick and choose the right ones for us. We will make our decision based on financial ratios since we use Fundamental Analysis for long term investment.

Reliance Industries Limited is primarily an Oil and Gas company. But the company also operates in other segments like Retail, Digital Services, Financial Services, etc.

Tata Consultancy Services Limited is one of the leading information technology (IT) sector players.

Hindustan Unilever Limited is a consumer goods company with focus on several segments like Home care, Beauty and Personal Care, Foods and Refreshment, among others.

Infosys Limited is one of the most prominent IT companies in the country that provides technology, consulting, digital services, etc.

HDFC Bank Limited is a big private bank that has the highest weightage in the Nifty Bank index. The bank operations include segments like Retail banking, Treasury, Wholesale Banking, etc.