KYI: Mkt puts a stellar show; expert picks star performers
As the upcoming week is the stress test for the market to reveal whether the rally has any real steam on the upside, Madhumita Ghosh from Unicon Financial Intermediaries shares her expert call on various stocks queries posted through Moneycontrol.com's initiative 'Know Your Investment' (KYI).
September 05, 2011 / 08:44 IST
It has been a deluge of buying interests on Dalal Street in the holiday-truncated week. Surprising all, the market has bounced back in style from the depression of the previous month.
And, as the upcoming week is the stress test for the market to reveal whether the rally has any real steam on the upside, Madhumita Ghosh, senior vice president - PMS and research at Unicon Financial Intermediaries, shares her expert call on various stocks queries posted through Moneycontrol.com's initiative 'Know Your Investment' (KYI).Below is the expert advice to all the questions you asked us on our Facebook page :Vijay Nikam, 29 years, Professor: I want to start trading in foreign currency and cap market, is it the right time to start?Ghosh: Trading can be started with stop losses.Mohit Gupta, 28, service: Is this a right time to invest in the market? I have some stocks, do I average them or should I wait?Ghosh: One can start accumulating as valuations are attractive but investment should be gradual and will depend on the scrips that one is holding.Sunil Kumar Goswami: What is the future of Bartronics?Ghosh: Bartronics is high working capital that will impact operating cash flows, going forward despite a healthy debt/equity ratio of 0.97x as of FY11. A big negative for the company is the deferment of the
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