Shoppers should be ready with their equity shopping list

[ReVoLuTiOn]

My Picks in the current downturn -
1- Lakshmi Vilas Bank
2- LIC Housing
3- JSW Steel

4- Renuka Sugar
5- Titan

[Madhura]

Why Reliance (RIL), Infosys and TCS is not in your list?

[ReVoLuTiOn]

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.

[Madhura]

Avoid listening to analysts, use your brain. If they are able to predict then they would be millionaire.

[ReVoLuTiOn]

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.

[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