A number of small businesses in diverse areas make this an unwieldy company to buy
Nifty@10,000 is more of a psychological level than anything else. The only concern is that at this level, markets are fairly priced but that does not mean it is on the verge of a big correction.
Rajat Bose of rajatkbose.com recommends buying GAIL India and Balmer Lawrie.
Investors should wait for initiating fresh long positions at current levels and re-enter on dips. Most analysts do not rule out a dip of 2-3-4 percent from current levels
Balmer, which is sitting on huge land bank and a cash equivalent of about Rs 530 crore, close to 20 percent of its market capitalisation, is revisiting its growth strategies.
Ruchit Jain of Angel Broking recommends buying Delta Corp with a target of Rs 178 and Tata Chemicals with a target of Rs 675.
Rakesh Bansal of RK Global suggests buying Colgate Palmolive with a target of Rs 1100 and Godfrey Phillips with a target of Rs 1450.