Jigar Shah, VP-Equity Sales, Motilal Oswal Fin Services
One should start buying in this correction with the assumption that markets can further slide by another 7-10% and should be prepared to buy at lower levels also. One cannot catch the bottom and as an investor one should not try timing the markets too much.
Retail investor should start buying the stocks where results were good and future visibility is also very strong. They should avoid getting into volatile sectors. One should select the stocks where safety margins are very high with reasonable growth. Top four ‘buys’ could be GAIL, Bajaj Auto, SBI and Cipla.
Gaurav Dua, Research Head, Sharekhan
We expect markets to remain volatile within the 4600-5400 range in the coming months and expect some gains by the end of 2010. Thus, we maintain our ‘buy on dips’ stance and a 5-10% correction from here will be ideal to buy into core portfolio stocks if you want to try and time the markets. Serious long-term investors can buy in a staggered manner now also.
Retail investors should not try to time the market and invest in fundamentally strong stocks in a phased/staggered manner. However, it is important to do your homework before you shortlist the stocks that you want to buy. We would prefer a mix of large-cap and mid-cap stocks like Tata Tea, Bajaj Holding, Gayatri Projects and ISMT.
Rahul Rege, Business Head, Retail, Emkay Global Fin SVC
Given the fact that market has corrected, this is a good time for investors to start investing. They should adopt a stock-specific approach. It may be a good idea to divide the amount one has for investing in three parts and deploy one-third at this level. Something in the auto space is a good idea.
Our bet would be on Maruti or M&M. In the large caps, one can also look at ICICI Bank or HDFC Bank. Mid caps have been outperforming the market. There we like Godawari Power which is cheap when compared to its peers. To be a little safe, we can have something in the pharma space like Torrent Pharma
or Ipca Laboratories.
Kisan R Choksey, Chairman KR Choksey Shares & Securities
Investors should take the advantage of the current bearish market to buy shares as the India Story looks robust with good potential for growth in corporate earnings.
Retail investors are advised to adopt a selective approach, focusing on companies whose growth is driven by the domestic consumption story. Our top picks include Hindustan Dorr-Oliver, Banco Products, Transformers & Rectifiers and Allied Digital Services.
One should start buying in this correction with the assumption that markets can further slide by another 7-10% and should be prepared to buy at lower levels also. One cannot catch the bottom and as an investor one should not try timing the markets too much.
Retail investor should start buying the stocks where results were good and future visibility is also very strong. They should avoid getting into volatile sectors. One should select the stocks where safety margins are very high with reasonable growth. Top four ‘buys’ could be GAIL, Bajaj Auto, SBI and Cipla.
Gaurav Dua, Research Head, Sharekhan
We expect markets to remain volatile within the 4600-5400 range in the coming months and expect some gains by the end of 2010. Thus, we maintain our ‘buy on dips’ stance and a 5-10% correction from here will be ideal to buy into core portfolio stocks if you want to try and time the markets. Serious long-term investors can buy in a staggered manner now also.
Retail investors should not try to time the market and invest in fundamentally strong stocks in a phased/staggered manner. However, it is important to do your homework before you shortlist the stocks that you want to buy. We would prefer a mix of large-cap and mid-cap stocks like Tata Tea, Bajaj Holding, Gayatri Projects and ISMT.
Rahul Rege, Business Head, Retail, Emkay Global Fin SVC
Given the fact that market has corrected, this is a good time for investors to start investing. They should adopt a stock-specific approach. It may be a good idea to divide the amount one has for investing in three parts and deploy one-third at this level. Something in the auto space is a good idea.
Our bet would be on Maruti or M&M. In the large caps, one can also look at ICICI Bank or HDFC Bank. Mid caps have been outperforming the market. There we like Godawari Power which is cheap when compared to its peers. To be a little safe, we can have something in the pharma space like Torrent Pharma
or Ipca Laboratories.
Kisan R Choksey, Chairman KR Choksey Shares & Securities
Investors should take the advantage of the current bearish market to buy shares as the India Story looks robust with good potential for growth in corporate earnings.
Retail investors are advised to adopt a selective approach, focusing on companies whose growth is driven by the domestic consumption story. Our top picks include Hindustan Dorr-Oliver, Banco Products, Transformers & Rectifiers and Allied Digital Services.
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