Hot stocks to buy in bse
Analysts are hard put to dispute that markets will be volatile this year. And volatility means opportunities to buy at dips. We are not recommending banking on short-term bets or day trading.
You can be a long-term investor and still benefit from short-term market corrections. However, for this to happen, you need to do your homework and know the price at which to pick a stock that looks overvalued.
UPDATED LIST FOR JUNE Maruti Suzuki, Eicher Motors, Motherson Sumi and more. There are several such stocks in the market and the correction has already begun.
The BSE Index lost 8. While the rise in stock prices had factored in the corporate earnings rebound, it overlooked the effect of possible stimulus withdrawal and rising interest rates.
These could lead the markets to react negatively and provide enough opportunities to pick stocks at low prices.
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Last year, the markets appreciated by almost per cent and a correction in the next couple of months can easily lead to a per cent fall," says D. Sharma, senior vice-president, research, Anand Rathi Financial Services.
The opportunity may not last too long as analysts expect the market uptrend to resume once the issues of stimulus withdrawal and tightening liquidity are sorted.
Stocks Views & Recommendations: Indian Stock Market
To help you pick the right companies, we spoke to stock market analysts, who have listed 10 stocks to buy at a per cent correction in share prices.
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