Expert Insights on Indian Stocks: Buy, Sell or Hold
Indian investors are constantly looking for expert advice on which stocks to buy, sell, or hold. Recently, on NDTV Profit’s Ask Profit show, Saurabh Jain, equity head, research, SMC Global Securities; Gaurav Bissa, senior vice president, Incred Equities; and Ajit Mishra, senior vice president-research, Religare Broking provided insights on various investor queries.
Suzlon Energy: A Buy After Demerger
Suzlon Energy has been in the news lately, and investors are wondering whether to buy or sell the stock. According to Saurabh Jain, the Indian business is expected to do well, and after GST 2.0, lots of buying was seen in the festive season. He recommends buying the stock after demerger.
Infosys: Hold for Long Term
Gaurav Bissa advises holding Infosys for the long term. He believes that the stock is a good hold, and one should neither double down nor exit. The huge valuation premium that got corrected is a positive sign, and the stock is expected to do well in the long term.
Tata Motors: Sell
Saurabh Jain recommends selling Tata Motors. The past six months were not good for the firm, and the remaining half of the fiscal doesn’t look good either. He advises exiting the stock to avoid further losses.
Vedanta: Hold
Ajit Mishra advises holding Vedanta. The valuation is good, and the business is doing well. From a long-term perspective, it is recommended to hold, and one can keep adding to their portfolio.
Varun Beverages: Avoid
Gaurav Bissa advises avoiding Varun Beverages. He believes that there are better stocks like Hindalco and JSW Steel, and one should avoid stocks that are trading in a range when trading in the short term.
Investment Advice
It’s essential to do your own research and consult with a financial advisor before making any investment decisions. The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit.
Indian Stock Market Overview
The Indian stock market has been volatile in recent times, and investors are looking for safe-haven stocks. The Nifty and Sensex have been consolidating, and investors are waiting for a clear direction. The upcoming Q1 earnings season will be crucial in determining the market trend.
Top Stocks in Focus
Some of the top stocks in focus include Suzlon Energy, Infosys, Tata Motors, Vedanta, and Varun Beverages. Investors should keep a close eye on these stocks and make informed decisions based on their investment goals and risk appetite.
Conclusion
In conclusion, the Indian stock market offers a wide range of investment opportunities. By doing your own research and consulting with a financial advisor, you can make informed investment decisions and achieve your financial goals. Remember to always keep a long-term perspective and avoid making impulsive decisions based on short-term market fluctuations.
