Way2Wealth's special report on Diwali picks
We recommend following value picks for investment on ‘ACCUMULATE’ basis, which we feel have lots of value in terms of growing business, improving margins, better balance sheet / cash flows, etc…
1. NTPC 2. Britannia Industries 3. HPCL 4. Bata India A word of caution : We are blessed with business minded stable government, supported by falling crude oil & commodity prices – This will lower inflation substantially..
RBI will eventually begin the interest lowering cycle.
All above prima facie is good for Indian people & the ultimate consumers.
However,
The world around us in deep trouble especially Europe, Japan, China, Brazil, Africa, Middle East & so on…
Large capital from Europe, Japan, etc. is moving to USA & German Treasury Bonds seeking safety.
USD is therefore strengthening and likely to go up further against Euro, Yen, etc;
Whereas Equity valuations especially in India & USA are at all time high mirroring tremendous optimism in business growth & also earning growth, while at some point corporates may have to lower prices of products as a pass on to consumers in lieu of declining commodity prices.
So, we must ensure that stocks in portfolios must be of very sound businesses & strong cash flows.
For all recommendations, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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