Friday, September 18, 2009

Where should investors park their money?

Long-term investors should not look at Sensex movement on a day to day basis. There are lot of cheaper stock still available in the market. However, at this point of time, I would suggest investing in defensive sectors such as FMCG, pharma or credit-rating agencies. Those who are already invested in high beta stocks should now switch over to defensives. Further, the short-term correction should not worry long-term investors.
Parag Parikh, Chairman, Parag Parikh Financial Advisory Services

Retail investors should invest in fundamentally-sound companies for the long term without having much reason to worry. As for the traders, there is a reason to be cautious. Long-term investors can invest in sectors such as auto, banking, telecom, infrastructure and FMCG. The advance tax numbers point to a good earnings season ahead. We are seeing participation of retail investors picking up in the markets, and new clients are being added.
Motilal Oswal, CMD, Motilal Oswal Fin Services

In today’s market, investors should not be in a rush to invest. They should look at spacing out their investments as all the bad news have not been fully factored in. Investors would be better off following a top-down approach. A good company in a poorly performing sector is a better bet than a poorly-managed company in a thriving sector. Sectors such as banking, infrastructure, education, services and energy look good.
Devesh Kumar, MD, Centrum Broking

Post general elections, we have seen some revival of interest among small investors. While their participation was affected a bit amid economic concerns, triggered by a drought-like situation in the country, they, however, are seen re-entering the market with some improvement in monsoon conditions and also on hopes of better quarterly earnings. Investors should continue to stay invested if the companies are fundamentally good, or the share rise justify the earnings.
Kisan Choksey, chairman, KR Choksey Shares and Securities

No comments:

Post a Comment