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'Can I invest in the stockmarket now?'

By AJIT MISHRA
November 19, 2020 09:24 IST
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As the bellwether BSE Sensex and NSE Nifty trade above all time highs, readers worry about the stocks they should buy, hold or exit now.

Illustration: Uttam Ghosh/Rediff.com

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

 

Alok Nigam: Have PEL @1367 Qty-700. Kindly suggest what to do?

Ajit Mishra: Hold the stock for long term

Nikunj Vedak: Kindly guide regarding following holding. If you can suggest I can add/average or replace the stock. My horizon is more than 10 years.

Ajit Mishra:

SONATA SOFT: 5500 @ 295 Hold
ITC: 4500 @ 215 Exit
NALCO: 20000 @ 46 Hold
HPCL: 2250 @ 255 Hold
HDFC LIFE: 800 @ 410 Hold
IBULLHSGF: 1550 @ 500 Exit
M&M Fin: 815 @ 130 Hold
YES BANK: 4500 @ 15 Hold
VODAFONE-IDEA: 11000 @ 9.3 Hold
HDFC AMC: 48 @ 1800 Hold
McDowell: 400 @ 595 Exit
ABBOT: 1 @ 18000 Hold
P&GHH: 1 @ 10150 Hold
SANOFI: 1 @ 8800 Hold
PFIZER: 2 @ 4200 Hold
HIKAL: 100 @ 165 Hold
AARTI DRUGS: 9 @ 3030 Hold
TTK PRESTIGE: 2 @ 5600 Hold
CLARIANT CHEM: 300 @ 585 Hold
CRISIL: 5 @ 1880 Exit

vishal vats: I have these shares. Should I sell both of them or hold.

Ajit Mishra:

Axis bank 70 shares @462.50: Hold

BHEL 145 share@ 38.16: Exit

R J Palat: Need your advice on the following holdings and what more should I invest for 2-3 years, and for 5 lacs? Await your directions

Ajit Mishra: Apart from your portfolio, you can further invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers and Dabur. Buy the stocks in a staggered manner for the long term.

1. Auropharma 20 Hold
2. Bajaj Con 50 Hold
3. BOB 200 Exit
4. BEL 50 Exit
5. BHARAT FORGE 20 Hold
6. BSOFT 100 Hold
7. COCHIN SHIP 20 Exit
8. CYIENT 45 Hold
9. DELTACORP 100 Exit
10. FSL 50 Hold
11. GOLDIAM 50 Exit
12. GSPL 20 Exit
13. JYOTHYLAB 50 Exit
14. M&M FIN 50 Hold
15. MANALI PETRO 200 Exit
16. NCC 100 Exit
17. PACL 200 Exit
18. RECLTD 50 Hold
19. VRL LOG 20 Exit

Uday Kiran: I have bought these shares. Please say your feedback sir regarding these shares.

Ajit Mishra:

Yes bank 30 @13R.s Hold
Bharath electronics 10 @ 111.53 r.s Exit
Birla soft 50 @ 155r.s Hold
Marathon nextgen 10 @ 63 r.s Exit
Glenmark 50 @ 423 r.s Hold
Firstsour.solu 30@ 54r.s Hold
Himadri specialty 30@ 46 r.s Exit
Itc 100 @ 199 r.s Exit
SpiceJet 50 @ 51 r.s Exit
Tata power 50 @ 56 r.s Hold
Times guranty 20@ 27r.s Exit

ABHIJIT ZENDE: I hold 1000 shares of Jain Irrigation Systems shares @ Rs. 31.19. Please advice if I should exit or average it and then exit. Thanks for your valuable guidance.

Ajit Mishra: Exit the stock

mohit makwana: I have invested in following companies. Plz let me know which stock to hold and which one to exit.

Ajit Mishra:

Relaxo Footwear  2 shares @633 -         Hold
Federal Bank  36 shares @ 54 -         Exit
HindalCo  17 shares @ 172 -         Hold
Relaince Industries  2 shares @ 2086 -         Hold
Titan Co  4 shares @. 1083.65 -         Hold

Anujam Venketesh: I hold below shares please let me know your opinion. I can hold for decent time but want to invest more money in shares however cannot as all above shares stand still whether market up or down. Please suggest

Ajit Mishra:

Adani power 101 @ 27.555 Exit
edelwiss fin 200 @277 Exit
elecon eng 200@69 Exit
HBL power 1000 @ 50 Exit
L& T 15 @ 1077 Hold
minda industr 225@263 Hold
pc jeweller 100@ 150 Exit
punjab nat bank 100 @ 82 Exit
sanwaria cons 500 @ 14 Exit
south indian bank 500@18 Exit
sun pharma 11 @853 Hold
suzlon energy 1000 @ 9.55 Exit
suzlon energy 1051 @ 23.19 Exit
Tata motors 100 @284 Exit
tech mahindr 20 @ 534 Hold
texamco rail 50@ 147 Exit
vedanta 50 @208 Exit
viceroy hotels 1500@ 8.36 Exit
zicom electronics 25@ 130 Exit

wadawadagi c m: Sir please advise for long term investment.

Ajit Mishra:

Pnb @75/- 6000 nos Exit
IOC@120/-2000 nos Hold
Nalco@50/- 4000 nos Hold
Mother son sumos @155/- 2000 nos Exit
Ashok buildcon @120/_750 nos Exit
Ashok Leyland@90/-3000 nos Hold
L&T fin @85/- 2000 nos Hold


URMIL PATEL
: Hi. I got your reference from my friend. I am sharing my portfolio. I want to invest 2,00,000/- more for 6 months. Please guide me further, what to do? Hope for your support.

Ajit Mishra:

1. Alok industries.    500 share @ 38/- Exit
2. BHEL  300 share@36.50 Exit
3. Carborunudum Universal  50 share @ 286/- Exit
4. Coal india   50 share@ 139/- Exit
5. DLF 100@ 164/- Exit
6. Federal bank  200@  54/- Exit
7. Gail India  100@ 102/- Hold
8. HDC ASSET management   5@ 3200/- Hold
9. ICICI securities  @28 520/- Hold
10. IDBI bank  200@  45/- Exit
11. Maithan Alloy  25@ 610/- Exit
12. NIPPOn ETF gold  500@ 47.5 Hold
13. Rallis india  100@ 322/- Hold
14. RCI industries 100@ 222/- Hold
15. RVNL 300@ 20.20/- Exit
16. Supreme Petrochemical  50@ 400/- Hold
17. Vodaphone  500@ 10.5/- Hold
18. Yes bank 300@15.50/- Hold

You can further invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers, Kansai Nerolac, Sudarshan Chemical and Dabur. Buy the stocks in staggered manner for long term.

Tanmoy Sarkar: Request your views on following shares for a long term (3+ years. Apologies for a little long list.

Ajit Mishra:

SCRIP
QTY
AVG BUY PRICE   
ADVISE
TCS  1,000 121.27  Hold
L&T 2,000 293.29  Hold
RELIANCE IND. 676 221.61  Hold
BAJAJ FINANCE  340 1,498.84 Hold
AVENUE SUPERMARTS LTD 500 1,157.15 Hold
HDFC BANK  1,270 651.62 Hold
INFOSYS  1,080 546.64 Hold
TITAN  342 555.77 Hold
KOTAK MAHINDRA BANK 350 942.97 Hold
ULTRATECH CEMENT  40 67 Hold
WHIRLPOOL OF INDIA  200 1,511.78 Hold
SBI 1,000 108.6 Hold
HDFC LIFE INSURANCE  500 393.11 Hold
L&T INFOTECH LTD 75 1,568.66 Hold
PERSISTENT SYSTEMS  100 579.05 Hold
HCL TECHNOLOGIES  300 567.13 Hold
TATA CONSUMER PRODUCTS  150 349.11 Hold
AMARA RAJA BATTERIES 250 613.02 Hold
HERO MOTOCORP 75 2,799.90 Hold
BHARAT ELECTRONICS 2,100 101.01 Exit
MOLD-TEK PACKAGING  519 255.82 Exit 
GODREJ CONSUMER  150 600.87 Hold
BHARAT FORGE 250 457.51 Hold
CHOLAMANDALAM INVEST. 680 240.98 Hold
HDFC 170 1,806.97 Hold
J KUMAR INFRA 1000 124.47 Exit
APOLLO PIPES 50 435.04 Hold
FINOLEX INDUSTRIES 200 549.31 Hold
UJJIVAN SMALL FINANCE BANK  1,325 43.26 Exit
GAIL 400 133.81 Hold
MARUTI SUZUKI  105 7,229.67 Hold
ITC 575 220.52 Exit
COCHIN SHIPYARD 725 398.32 Exit
POWER GRID 1,000 209.54 Hold
RITES 550 314.71 Hold
BAJAJ FINSERV 28 7,759.56 Hold
BODAL CHEMICALS 1,000 135.18 Exit
UJJIVAN FINANCIAL SERVICES 2,200 371.02  Exit

Tapas Guin: Currently, the stock market is on upward trend. As per reports, the market is due for correction. At this level is it feasible to invest in the market?

I seek your kind advice in the matter. Also let me know at what level it will be prudent to invest. I prefer to invest only in fundamentally strong stocks for a minimum period of 3 to 4 years. Shall be grateful should you refer 4 to 5 fundamentally good stocks other than B2 and H2 stocks. Thank you and looking forward to your kind reply by return mail as per your convenience.

Ajit Mishra: You can invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers and Dabur, Kansai Nerolac, Sudarshan Chemical, HDFC AMC, ICICI Bank. Buy the stocks in staggered manner for long term.

Ananth Jadi: I have below shares on hold and in loss. Can you please suggest whether to Hold or wait or sell? 

1. Adani Green - 120 No.s @ 404

2. Brightcom Group Ltd. - 2000 No.s @ 12.22

3. Mittal Life Style - 100 No.s @ 153

 
Ajit Mishra: Exit all the stocks

Korah Paul: Following your stock advice for beginners. Thank you for all the inputs we gather from your advice.

My current investment is stocks are in:

Ajit Mishra:

Ashok Leyland. 900 @ 65 Accumulate
Tata motors 300 @ 3150 Exit
Maruti 30 @ 6800 Hold
Motherson sumi 600@ 139 Exit
Cholamandalam finance 500@ 148 Hold
L& T Finance 350 @ 70 Hold
Muthoot - 100@1125 Hold
Manapuram finance 100@ Hold
HDFC 100 @ 1140 Hold
ICICI 500 @ 369 Accumulate
FEDERAL BANK 2000@ 60 Exit
CITY UNION BANK 200 @ 127 Exit
Biocon 100 @ 400 Hold
Bharti airtel 300 @585 Accumulate
Cochin shipyard 250 @ 355 Exit
Dabur 25@ 495 Accumulate
ITC 275 @ 187 Exit
HCLTECH. 50 @ 723 Hold
TECH MAHINDRA 50 @ 710 Hold
L&T 50 @ 961 Hold
KNR CONSTRUCTION 250 @ 275 Hold

3 points I seek from you.

1) Stock to exit, hold, accumulate? 

2) Should I reduce my portfolio? 

3) Any new stock you advice to buy from a minimum of 1-year perspective. Thank you sir once again.

Ajit Mishra: You can invest in stocks such as Bata, Britannia, Crompton Consumers, Kansai Nerolac and Sudarshan Chemical. Buy the stocks in staggered manner for long term.

ankur: I would request you to please advise on following stocks which I am holding. As an investor coming from a service background I have invested my savings into shares keeping in mind that I want to exit market in next 3 months by November or December... please suggest shall I hold on to these or sell.

And if possible what shall be the appropriate selling price for these shares.

Ajit Mishra:

1. HDFC Bank 200 shares @ ₹1036/ Hold
2. Infosys 200 shares @ ₹953/ Hold
3. Coal India 2000 shares @ ₹133/ Exit
4. IndusInd Bank 100 shares @ ₹496/ Exit
5. Nippon Gold ETF 10,000 @ ₹48.45/ Hold
6. HDFC Gold ETF 100 @ ₹4905/ Hold
7. Aarti Drugs 100 shares @ ₹3,100/ Hold
8. Reliance Industries 115 shares @ ₹2000/ Hold
9. SBI Cards 126 shares @ ₹600/ Hold
10. HDFC Limited 59 shares @ ₹1675/ Hold
11. Yes Bank 2,000 shares @ ₹55/ Hold
12. Alok Industries 800 shares @ ₹47/ Exit
13. NALCO 600 Shares @ ₹45.10/ Hold
14. CIPLA 50 shares @ ₹664/ Hold
15. Indraprastha Gas 1000 shares @ ₹45/ Hold
16. SBI 500 shares @ ₹202/ Hold
17. Bajaj Finance 50 shares @ ₹3400/ Hold

Rajendra Singh: I own the following shares kindly suggest the course of action.

Ajit Mishra:

Ashok Leyland(2117) @ Rs 85.76, Hold
Canfinhome(415) @ Rs 382, Exit
Delta corp(732) @ Rs 253, Exit
Future consumer(1855) @ Rs56, Exit
Granules(150) @ RS 120, Exit
HDFC Std life(25) @ RS 290, Hold
Heritage food(100) @ Rs755, Exit
ICICI Bank(150) @ Rs190, Hold
ITC(400)@ Rs237, Exit
Jindal stainless(2000) @ Rs54, Hold
Quick heal(300) @ Rs190, Exit
Rico auto(1050) @ Rs59.75, Exit
Union bank(645) @ Rs125, Exit
Yes bank(3488) @ Rs50, Hold
Meghmani organic(1020) @ Rs94.58, Hold
Morepen(10730) @ Rs26.61, Exit
REC(840) @Rs130 Exit
Bank of Baroda(400) @ Rs101, Exit
Axis bank(107) @ 424.16, Hold
Bajaj Finance(8)@2088.00, Hold
L & T(93)@ 1095, Hold
REC(1513)@118.51, Hold
SBI Cards(24)@747, Hold
State Bank(745)@243, Hold
Tata Steel(357) @344 Hold

sneha jamgade: I am holding 60 shares of DLF bought at Rs 160.90 level. Kindly convey your opinion on the same.

Ajit Mishra: Exit the Stock


Please mail your questions to getahead@rediff.co.in 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.

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