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Originally Posted by Dhaval Patel Can someone suggest some good companies to invest at this point of time. |
As you can see that the market has shedded almost 10000 points since January. But there are few stocks whose valuations were so strong that they did not under perform as much as the sensex did. Some of those companies are Ongc, Educom solutions, Bharti, Hdfc and Hdfc Bank, ITC, Axis Bank even the NTPC and Bhel were ok. amongst the blue chip companies I am talking about. But the whole reliance Pack was amongst the top loosers.
Now to your information you can invest in companies like reliance industries now Why i am talking about this is because some where near december RPL refinery will start up so the direct impact will be seen in the parent company. Reliance capital has been corrected a lot nows its valuations have become quite attractive. Same with L&T. You can also go for NTPC, Bhel as they will be benefited by the nuclear deal. SBI may be even good. Actually speaking right now banking sector is quite safe but if you are going for psu banks. And the stocks which I mentioned in the first paragraph are also a better option for investment.