The market is falling and every investor is looking for a strategy to play the fall. Portfolio manager, PN Vijay says it is the time for long term investors, with a time span of at least 12-months to get out and pick selective stocks that have fallen more than the rest of the market.
Beaten down sectors IT and banks, Vijay believes can provide great picks for investors from a one year perspective. "IT sector like Infosys or TCS for a 12 months time span will be good. And similarly, from the banking stocks, Axis Bank is a good pick and should be shooting for about Rs 1500 in the next 12 months" he says, adding that the strategy to invest in the present volatility is to keep a minimum of one year time frame. Q: What is your expectation of what the market may choose to do over the next few days given the big global event thatDiscover 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!
