Moneycontrol PRO
HomeNewsBusinessBuy NMDC, Hindustan Zinc, GMDC: Sudip Bandhopadhyay

Buy NMDC, Hindustan Zinc, GMDC: Sudip Bandhopadhyay

Sudip Bandhopadhyay, Market Expert recommends buying NMDC, Hindustan Zinc and GMDC.

September 07, 2017 / 07:39 IST

Sudip Bandhopadhyay, Market Expert told CNBC-TV18, "We strongly believe that the mining companies, companies which are taking out metals from mother earth, those are the companies we should look at and this is based on the study of the position as far as the metal stocks are concerned and the mining reserves are concerned."

"We believe that in the next couple of years mining companies particularly the ones like NMDC, Hindustan Zinc, GMDC - these companies will continue to do well. We strongly recommend buy into these stocks even at current level."

"As far as the other pack is concerned, oil marketing and oil companies is where we are a bit conservative. I think we will have to wait and watch. Oil marketing companies are good for the long run but I will not recommend a buy in the upstream companies at current stage," he said.

first published: Sep 6, 2017 04:42 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347