Given that India will remain a growth market in the long-term one cannot neglect growth stocks for a prolonged period of time, Jyoti Roy advised.
Bank Nifty index has key support in the range of 20,800-21,000 levels and the positive views will be negated if it breaches 20,400 on the downside.
Vineeta Sharma of Narnolia Financial Advisors said the sharp fall in valuation was an opportunity for prudent long term equity investors.
We are seeing indications of short term up move in select PSU banks but we still recommend preferring private banks over the PSU pack for the long term investment.
AMCs have had a strong run-up in the recent past, with HDFC AMC and RNAM up 119 percent and 91 percent respectively, since April 30, 2019.
On this Children's Day, which India celebrates every year on November 14, the birth anniversary of former Prime Minister, we collated a list of six stocks which can give double-digit returns in the long term
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Axis Bank with stop loss at Rs 735 and target of Rs 715.
The BSE Sensex already surpassed earlier record-high and made a fresh high of 40,392.22 last week, showing over 11 percent gains from September lows.
Sudarshan Sukhani of s2analytics.com advises selling Bharti Infratel with a target of Rs 201.
For the rally to sustain, the index needs to close above 11,150-11,181 on a sustainable basis for any bounce back towards 11,350 levels.
The promoter stake will go below 25 percent post this deal from the current level of 35 percent
Breaking below 11,460, a decline towards 11,350 can be seen where weekly rising trend line connecting lows of 10,005 and 10,586 comes
There has never been dearth of quality and alpha-generating stocks in the market irrespective of cycles. Hence, investors may still invest in quality stocks, said an expert
As many as 20 companies listed on the exchanges with an issue size of more than Rs 1,000 crores. Out of 20 companies, as many as 12 companies have fallen between 2-75 percent since their listing while the rest 40 percent gave positive returns.
Most experts advise investors to hold on to HDFC AMC stock because it is a long-term bet.