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Chat Transcript

30 Apr - 01:00 hrs

Kartik Mehta | AVP- Institutional Equity Research, Sushil Finance

 

What's a good strategy in this market?

Chat Transcript

guest: I have NMDC @170/- and IOB @85/-. Can I expect my loss to recover?
Kartik Mehta: Both stocks are passing through tough time and recovery will take long time considering present situation.
srikumar1976: Hi, please suggest 2-3 midcap Quality stocks for long term investment?
Kartik Mehta: Aditya Birla Nuvo, Dena Bank, Tech Mahindra, Rallis India
srikumar1976: Hi, I am holding GRUH Finance, Karur Vysya Bank. Can I HOLD these for long term?
Kartik Mehta: Yes
guest: Hi Sir. I purchased Bharti Infratel in IPO. what to do with the stock?
Kartik Mehta: It is good only on paper. better switch to any other growth stock.
guest: i am new in stock market please suggest me right path to invest money
Kartik Mehta: Invest in only quality stocks in gradual manner. If small in size, do SIP in equity MF.
guest: Hi Sir I have ITC@285 and Gitanjali Gems@559. What should be strategy from long term view?
Kartik Mehta: ITC Hold.
guest: hi i have crompton greaves at 122 what to do now hold or exit
Kartik Mehta: Hold
guest: hexaware 500@ 92.5 u r suggestion pls
Kartik Mehta: Avoid averaging.
srikumar1976: At what level we can enter in ITC, HDFC Bank,Sun Pharma?
Kartik Mehta: ITC 300 and less, HDFC Bank - 625-640, Sun Pharma - 880 and less.
gadekarparag: Sir! Is it right time to buy banking stocks? Cause banking stocks are rallied in last weeks on rate cut hopes and looks expensive. If yes, pls suggest me good 2 3 banking stocks from long term perspective (2-3 years)
Kartik Mehta: Avoid chasing them in euphoria. They always give ample opportunity. In long run they give superb return. So try to accumulate SBI, ICICI, Dena, Union Bank on decline.
guest: sir, i want to invest Rs 2 LAcs in TATA (TATA steel TataPOWR TataChem)group equity for 5year. And I want to Invest 2 Lacs in Reliance (R.COM RPoWER RelInfrastc.) for 1/2 Year. And I want to invest 2LACs in (JindalSteelPower JainIrrigation) for 1/2 years. and 1Lac i want to invest in WIPRO for 1/2 year. please suggest me my selection/period longterm shortterm / amount ration. please sggest. Thanks
Kartik Mehta: Absolutely perfect. Just add Tech Mahindra along with Wipro.
guest: which fmcg stock to pick as of now and at what levels
Kartik Mehta: Jyothy Lab near 165
guest: i have 600 share of Maharashtra seamless from allotment . what is future of the stock pl advice
Kartik Mehta: Outlook is bleak. Not seeing light at the end of tunnel.
gajeshchandra: I have 1535 shares of R.power @ 135/- average what should I do?
Kartik Mehta: Just wait, do not average.
guest: Does investing in gold through RELIANCE GOLD PLAN will be preferred good at this current level for the time horizon of 3 years...if not, then what are the better options for investing in gold??
Kartik Mehta: Any ETF is good. Look at their expense ratio. Gold as such should underperform to equity, so i wouls suggest you to do Gold SIP for 50% amount for 3 -5 years and allocate remaining 50% amount in Equity SIP.
guest: Holding Dhanlaxmi bank @70/- and PTC India Financial @20/-. What to do?
Kartik Mehta: Average PTC India Financial Services at CMP
guest: Sir,is it right to purchase LNG Petronet at current price
Kartik Mehta: Yes
guest: SIR I BOUGHT TATA STEEL AT 375, WHAT SHOULD I DO HOLD OR EXIT
Kartik Mehta: if you do not need money for next 3 years then hold.
moderator: This chat has now ended. Thank you Mr. Mehta for sharing your views, and thank you viewers for your participation.
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