ASK AJIT: ‘Want to invest Rs 10 lakh’

‘Kindly suggest to me different sectors of stocks for good returns for the period of long term 3 to 5 years investment of 10 lakhs.’

Ajit Mishra, vice president, Research, Religare Broking, answers your queries:

Dilip Gurnani: Please advise me regarding the following shares I hold:

 

Mustafa: I Have recently purchased 2800 shares of Tata Motors DVR @257, current rate 226 & 880 shares of Mahindra Holidays @223, current rate 190.2. Request your input please. Thank You.

Ajit Mishra: Hold both the stocks for long term.

Srinivasan J: I am holding the following shares. THESE SHARES ARE IN VERY BAD SHAPE & CREATED ME HEAVY LOSS. Pls. suggest me whether to Hold, Buy on dips or Exit. I am a small investor invested a meagre amount of 1.25 lakhs spread across various years (not a single time investment).

Ajit Mishra:

Pratiksha Dwivedi: I have below stocks and need your valuable and trustable suggestion, what to do with below. Kindly suggest.

Ajit Mishra:

Shakeel Khan: I am holding below shares purchased during last 1 to 8 months. Please advise what to do, especially in case of Kiri Indus., Paras Defense, Route Mobile, Rossari Biotech and Nazara Tech. Looking forward eagerly for your suggestions. 

Ajit Mishra: Hold these stocks for long term.

Ramasamy Nagarajan: The following are the shares I am holding. I am 75 years old. Birla trye and Moil were allotted by corporate action.

Kindly advise me what to hold and what to exit.

Ajit Mishra:

SEKAR NARASIMHAMURTHY: I have following shares in my portfolio. Please advise.

Ajit Mishra:

Ashok G: Kindly suggest to me different sectors of stocks for good returns for the period of long term 3 to 5 years investment of 10 lakhs. We will be grateful for your suggestion.

Ajit Mishra: You can invest in Banking – Axis bank and ICICI Bank; Pharma – Biocon; Auto – M&M and Bajaj Auto; FMCG – Britannia and Godrej CP; Consumer Durables – Polycab and V-Guard; Cement – Ramco Cements and JK Lakshmi; Telecom – Bharti Airtel; IT – Birlasoft.

Baiju M Jose: I have the following shares. Kindly advice shall I hold it or exit or buy the same shares further now. And also kindly advice in this Corona situation when market is down, which are the shares I can invest for better benefit?

Ajit Mishra:

 

Please mail your questions to [email protected] with the subject line ‘Ask Ajit’, along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

Feature Presentation: Ashish Narsale/ Rediff.com

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