Interest seems to be back in MNCs with possibility of delisting. But investors should be careful in choosing their bets and not expect major returns.
Foseco, Wyeth Ltd, Pfizer, Elantas,BOC India, Novartis which look attractive on declines.
Alok Inds continues to look good to buy for short term. Also textiles as a sector is interesting fundamentally as per smart investors.
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{ 6 comments… read them below or add one }
Hi Nooresh,
Please share your views on Bhel and Infosys. Can we buy them now?
Imtiyaz
Would prefer to avoid both unless looking for a bounce.,
Nooresh,
Axis hit stop loss, Is it still a buy @ 1275?
Rakesh
Where can invest now .. Gold or silver and if equities which stocks should I pick ..
What should I buy gold or silver for 2-3 years .. Everyone is saying that gold could go to 30000 and silver 100000 … And if equities which stock should I buy for 2-3 yrs and for steady returns . Mutual funds don’t even give any returns .. I have got only 10% plus in 5 years
Hi Mahesh,
Maybe if you would have asked gold silver 6-8 mths back the answer would be silver instead of gold.
Right now at such levels i would find it risky to buy gold/silver unless you can digest a 10-20% correction in the them and buy more.
For mutual funds you can buy a top 200 or top 500 hdfc fund.
Stocks you may look to buy a diversified portfolio.