Heavy selling and Nifty is around 5000 levels, lets discuss your equity shopping list.. My list is -
1- JWS
2- Yes Bank
3- ICICI Bank
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Heavy selling and Nifty is around 5000 levels, lets discuss your equity shopping list.. My list is -
1- JWS
2- Yes Bank
3- ICICI Bank
I had bought IVRCL yesterday at 40.40 now it's down. Same thing with Reliance bought at 800 now 750. Don't know buy more or hold on for now, because bad news keep coming from west.
IVRCL posted loss is the last quarter that's why it's going down. Good stock but infra is cash scrapped right now, so avoid.
My Picks in the current downturn -
1- Lakshmi Vilas Bank
2- LIC Housing
3- JSW Steel
4- Renuka Sugar
5- Titan
Why Reliance (RIL), Infosys and TCS is not in your list?
Two reasons one is it's hitting 52 weeks low and second most of the analysts are predicting slow upward trend for RIL, so I had avoided it. IT depends on US and Europe, both are still struggling with debt crisis.Quote:
Originally Posted by Madhura
Avoid listening to analysts, use your brain. If they are able to predict then they would be millionaire.
Thanks for your advice. Mostly I invest in MFs that too via SIP. Its my hobby to play with stocks part time.Quote:
Originally Posted by Madhura
A meltdown in the stock market has wiped off over Rs 2.5 lakh crore (Rs 2.5 trillion) from investors' wealth.
The total investor wealth, measured in terms of cumulative value of all listed shares, fell by about Rs 1,22,000 crore (Rs 1,220 billion) on Friday, when the market benchmark Sensex fell by 297.50 points to its lowest level in over 18 months. The shares of RIL on Friday fell by 4.6 per cent, while losses were even higher for Tata Steel, DLF and Jaiprakash Associates. Coal India, SBI, Tata Power, Hindalco, Maruti, ITC, Wipro, Sterlite Industries, NTPC and Tata Motors also recorded losses of 2-4 per cent.
Source - Rediff.com