Friday, December 2, 2022
Home > Uncategorized > Forget stock market crash, check out shares to buy today! Here are top tips to make money

Forget stock market crash, check out shares to buy today! Here are top tips to make money

[ad_1]

Shares to buy today: Stock markets registered a massive recovery after a massive crash that led to the hitting of lower circuits. Markets were closed thereafter by authorities for as much as 45 minutes. However, thereafter, there was a huge a recovery by markets that sent cheers across the investing community. Importantly, according to share market experts, this can be the beginning of a bull run and hence stock market investors should start investing in a calibrated manner in the best stocks. However, there is a warning for investors in it too. Experts said investment should be done for the long-term. They say that share market investors should invest around 25 per cent to 30 per cent of their surplus money and keep on adding on every dip. 

On what kind of stocks should be bought in such a volatile market, experts said that investment should be in blue-chip large-cap stocks only.

See Zee Business Live TV streaming below:

Speaking on the investment strategy that a long-term investor can adpt, Simi Bhaumik, a SEBI registered technical equity analyst said, “In this highly volatile market, I would advise investors to start buying with a proper strategy.” She advised investors to pump around 25-30 per cent of their surplus amount today and keep on adding on every 3-4 per cent dip in the market or the shares they have bought. 

However, she advised avoiding metal and auto stocks as they are expected to feel the heat of Coronavirus fears gripping the global markets.

Rohit Singre, Senior Technical Research Analyst at LKP Securities said, “When the market dips to such lower levels, one should become stock-specific rather index or sector. However, I would advise investors to focus on the large-cap stocks that are expected to give good returns in the next three years. My advice for the long-term investors is to buy Bluechip large-cap stocks for at least three years time-horizon.”

Asked about the stocks that one can buy in the current volatile stock market Simi Bhaumik listed out Britannia, Pidilite, Titan, Bata. In the banking sector she advised share market investors to buy HDFC Bank, ICICI Bank and Kotak Mahindra Bank, however, she advised investors to avoid public sector banking stocks till the market become stable. 

In the pharma sector, Bhaumik suggested Dr. Reddy’s and Biocon as the best shares to buy.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: