Investment Strategies for Indian Investors: Expert Insights
Indian investors are constantly seeking advice on which stocks to buy, sell, or hold to maximize their returns. Recently, investment experts G Chokkalingam, founder and managing director, Equinomics Research; Osho Krishan, chief manager – technical and derivative research, Angel One; and Ajit Mishra, SVP-Research, Religare Broking shared their views on several key stocks, including Eternal Ltd., L&T Finance, Hindustan Zinc, and Waaree Energies, on NDTV Profit’s Ask Profit show.
Should You Invest in Eternal Ltd.?
Eternal Ltd., the parent company of Zomato, has been in the news lately due to its stock performance. According to G Chokkalingam, investors should hold the stock for the long term, as NBFCs are expected to face some stress due to moderated credit growth in this segment. However, for short to mid-term investors, the valuation may be unfavorable.
L&T Finance: A Good Long-Term Bet?
Chokkalingam also advised investors to hold L&T Finance, citing stretched valuations. However, he believes that the company has good long-term prospects and investors can hold it for two to three years.
Hindustan Zinc: Has the Opportunity to Buy at Attractive Prices Passed?
Osho Krishan believes that there is still a possibility for further correction in Hindustan Zinc’s stock price. He advises investors to accumulate the stock at the support zone of Rs 2,100, with a resistance level at Rs 2,250.
Waaree Energies: The Right Time to Invest?
Chokkalingam recommends buying Waaree Energies, citing its potential to beat the index by a big margin. However, he advises investors to continue to give a ‘buy’ recommendation and look for schemes that can outperform the index.
Bank of Maharashtra and Central Bank of India: Good Short-Term Bets?
For short-term investors, Chokkalingam recommends looking at the stocks of Bank of Maharashtra and Central Bank of India. He believes that these stocks have good potential for short-term gains.
Investment Strategies for Indian Investors
Investing in the Indian stock market can be challenging, but with the right strategies and advice, investors can maximize their returns. It’s essential to stay informed about the latest market trends and news, such as the impact of Q1 results on stock prices.
Conclusion
In conclusion, Indian investors should carefully consider their investment strategies and seek advice from experts before making any decisions. By staying informed and up-to-date with the latest market news and trends, investors can make informed decisions and maximize their returns. For more information on Indian stock market trends and news, visit our website.
