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Just started investing in stocks? Here's some advice

December 03, 2020 08:54 IST

Investing tips

Illustration: Dominic Xavier/Rediff.com
 

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

Rajesh Samal: I am holding some 1000 shares each of Yes Bank @ 90 / Share and Future retail Retail @ Rs 112 besides some other shares. Can you please suggest the potential of these shares in future (Coming 3-6 months)?

Ajit Mishra: Better to exit yes bank and future retail and switch on to some large private banks and pharma counters.

Prakash pradhan: I have the following shares with me. And I'll accumulate the ones you advice. During the last dip I have invested more on the first tens. Mine is long term. Around 10 years or more.

Should I change in any of them? Since 2004 both Infosys & RIL has given a good return. My planning is to accumulate little more. Please advice.

Ajit Mishra:

  1. RIL – Hold
  2. GAIL - Hold
  3. HDFC Bank - Hold
  4. Bajaj Finance - Hold
  5. State Bank - Hold
  6. TCS - Hold
  7. Infosys - Hold
  8. Century Textiles - Avoid
  9. Deepak Nitrite - Hold
  10. Glaxo Pharma - Hold
  11. Aurobindo Pharma - Hold
  12. 12.Vodafone Idea - Avoid
  13. 13.Ultratech Cement – Hold

The holding stocks can be bought on dips.

swapnil suresh vaidya: Hi Sir, I have following shares holding. PL advise.

Ajit Mishra:

1) Indusind Bank - 500@434 Rs each – Prefer ICICI Bank
2) Axis Bank - 300 @ 440 Rs each - Hold
3) Yes Bank -15000@Rs 17 each – Prefer HDFC, ICICI, Kotak

Vivek B: I have just started investing in the share market recently. Kindly advise on the below portfolio. 

Ajit Mishra:

Instrument Qty. Avg. cost Reco
ALOKTEXT 1540 41.1 Exit
FEDERALBNK 250 52.6 Hold
FRETAIL 500 152 Exit
IDFCFIRSTB 1000 28.5 Exit
ITC 202 206 Hold
NETWORK18 500 43 Exit
PPL 200 58.7 Exit
RBLBANK 100 196 Prefer ICICI Bank
RELINFRA 200 35.7 Exit
TATAPOWER 400 51.1 Exit
VIPIND 70 260 Hold

Hari hara murali Shanmugam: I am bit new to stock market. I have started investing from April 2020 and I have around 1.1 Lakh in portfolio and it is in 18.7 percent profit. I like to know which stocks can i hold. accumulate and exit.

Looking forward to hear from you.

Ajit Mishra:

ADANI POWER LIMITED - Exit
ARCHIES LIMITED - Exit
ASHOK LEYLAND LIMITED- Hold
BHARAT HEAVY ELECTRICALS LIMITED - Exit
BIOCON LIMITED - Hold
COAL INDIA LTD - Exit
GAIL (INDIA) LIMITED - Hold
INDIAN OIL CORPORATION LIMITED - Hold
ITC LIMITED (XNSE:ITC) - Hold
L&T FINANCE HOLDINGS LIMITED - Hold
LARSEN AND TOUBRO LIMITED - Hold
LEMON TREE HOTELS LIMITED - Exit
LIC HOUSING FINANCE LTD – Prefer HDFC
NATIONAL ALUMINIUM CO LTD - Hold
NBCC (INDIA) LIMITED - Exit
ORIENT CEMENT LIMITED - Hold
POWER FINANCE CORPORATION LIMITED - Hold
RAIL VIKAS NIGAM LIMITED - Hold
Spicejet Limited – Hold, highly cyclical look to exit after decent returns
State Bank of India (XNSE:SBIN) - Hold
STEEL AUTHORITY OF INDIA LIMITED - Exit
TATA MOTORS LIMITED - Exit
TATA STEEL LIMITED - Hold
THE BANK OF BARODA LIMITED – Prefer SBI
THE FEDERAL BANK LTD - Hold
THE KARNATAKA BANK LIMITED - Exit
THE TATA POWER COMPANY LIMITED - Exit
WIPRO LIMITED - Hold

madhukar bharti: Kindly advise your expert opinion for the below position i am holding.

Ajit Mishra:

1. Avanti Feeds- Hold
2. Black Rose Industries - Exit
3. Hathway Cable - Exit
4. Hikal Ltd - Hold
5. Indian Hume Pipe - Exit
6. Lasa Supergenerics - Exit
7. Sudarshan Chemicals - Hold
8. YES Bank Ltd – Prefer ICICI Bank
9. Trident Ltd - Exit
10.Gujarat Ambuja Exports Ltd. - Hold

Arvind Thakur: I am new in share market and need ur advise for following holdings, shell i hold or sell.

Ajit Mishra:

Suzlon energy - Exit

GAIL - Hold

BHEL - Exit

Adani green - Exit

Adani port - Hold

GSFC - Exit

SBI Card – Hold

Sankaranarayanan: I am holding 1000 shares of Symphony. Should I hold or exit?

Ajit Mishra: Exit

Narayanan G: I am very new to stock and started investing in below funds. Please suggest whether I can further add in existing stocks or please recommend stocks.

Also can I invest in Mirae asset nifty fifty etc which is currently @ 117. Awaiting for your reply and guidance. –

Ajit Mishra:

Mirae asset nifty fifty - Hold for long term

Daawat 10 stocks @ 53 rupees avg - Exit

Marksans pharmacy 10 stocks @ 47.50 avg - Hold

Idea 100 shares @ 11.05 avg - Exit

Rallis 14 shares @ 295 - Hold

First source limited(FSL) 14 shares @ 73.30 - Exit

Ritesh Vyas: I am having following stocks. Should I hold or sell them??

Ajit Mishra:

Jubiliant life @840 - Hold

Asian paints @2034 - Hold

Syngene intl @522 - Hold

DLF @156 - Exit

Zen tech @85 - Exit

Bharat electricals @112 - Hold

ITC@155 - Hold

SBI@240 - Hold

Pidilite@1395 - Hold

Pon Rajendran: Presently I am holding 1500 shares of Indian Bank, invested under employees scheme at Rs.197.00 now it is 61.00, kindly advise me to hold or exit. I am ready to hold for longer period, If it will be turned into profit in future.

Ajit Mishra: We would recommend to stick with HDFC and ICICI Bank

Nunthara Nil Nil: Hello My name is Chuaungo Nunthara. I have the following stocks for your assessment- hold or exit

Ajit Mishra:

SJVN - Exit, Oberoi Realty - Hold, Cholamandalam - Hold, PNC Infra - Exit, Sagar Cemnts - Exit, Dwarikesh Sugar - Exit, KEC Internationals - Hold, Minda industries - Hold, Cupid Ltd - Exit, Kirloskar Brothers - Exit, Repco Home Finance - Exit, Ircon International - Hold,HFCL Exit.Manappuram - Hold, Kei industries - Hold, Kaveri Seed - Exit, Persistent system - Hold

Manish Mohta: Dear Sir, Please guide for the following stocks. If I have to hold these for a long period, I can do it.

Ajit Mishra:

Graphite India Ltd.: Purchased at Rs. 553 - Exit
Rain Industries Ltd.: Purchased at Rs. 201- Exit
Avanti Feeds Ltd.: Purchased at Rs. 601 - Hold

Sagnik Sarkar: I got the reference from one of the portal and I want to get some advice on my stock portfolio which i hold currently. I am a new begineer only started in August and bought the following stocks.

I am planning to hold long term atleast 2-3 years. Can you please suggest which are the ones to hold and to sell once i get some profit. And also which are the stocks in which i can buy some more shares in dips. And any new stocks which you will suggest for some guaranteed returns after 2-3 years.

Ajit Mishra:

City Union Bank - 10 Stocks@Rs 143 - Exit

Manappuram Finance - 10 Stocks@Rs 148 - Hold

ITC - 25 Stocks@Rs 190 - Hold

SH Kelkar - 10 Stocks@Rs 85 - Exit

KRBL - 5 Stocks@Rs 260 - Exit

Deepak Nitrite - 5 Stocks@Rs 742 - Hold

Laurus Labs - 1 Stock@Rs 1316 - Hold

Avanti Feeds - 5 Stock@Rs 500 - Hold

VIP Industries - 5 Stock@Rs 288 - Hold

Amber Enterprises India Ltd - 1 Stock@Rs 2016 - Hold

Marksans Pharma - 20 Stocks@Rs 53 - Hold

Engineers India Ltd - 10 Stocks@Rs 77 – Exit

Buy on dips – reliance Industries, Bharti Airtel, Dabur, M&M, and Britannia Industries

Dhirender Khatri: I have following shares in my portfolio. I can hold for 1 year. I want suggestion if I need to change between these shares. Bcoz I have no more money for investment. If any other suggestions, please let me know which share I should replace and at what price.

Ajit Mishra:

1. Bharti Airtel Ltd: 130 Shares @ Rs. 535 /- - Hold

2. Container Corporation of India: 100 Shares @ Rs. 370 /- - Hold

3. Coal India: 200 Shares @ Rs. 127 /- - Exit

4. Eveready Industries: 300 Shares @ Rs. 154 /- - Exit

5. United Spirits of India: 50 Shares @ Rs. 550 /- - Hold

6. ITC: 100 Shares @ Rs. 180 /- - Hold

7. HPCL: 750 Shares @ Rs. 214 /- - Hold

8. IOC: 500 Shares @ Rs. 89 /- - Hold

9. HAL: 10 Shares @ Rs. 980 /- - Hold

10. Bandhan Bank: 100 Shares @ Rs. 295 /- - Hold

11. Yes Bank: 3500 Shares @ Rs. 14.30 /- - Exit if not under lockin

12. Royal Orchid Hotels: 500 Shares @ Rs. 89 /- - Exit

13. Petronet LNG: 100 Shares @ Rs. 238 /- - Hold

nabarun bhattacharya: I am holding rossari@790, happy mind@370, text.rail @35, zee@220, bsoft@182, alembic@112, riil@452, bharat for@505, sbi@205, kpit@94. Can I hold for 6 months? 

Ajit Mishra: Hold roassari, birla soft, bharat forg , sbin and kpit for 4-6 months duration and try to exit on any rise or at cmp in rest of stocks.

shresth toshniwal: Please advice:

Ajit Mishra:

IEX - Hold

Concor - Hold

Delta CORP - Hold

CDSL – Hold

aswin kumar Venkataraman: Hello, I have invested in the following stocks. Please advise on next steps based on your analysis. I've a long term investment horizon of 4-5 years. I'm looking forward to hearing from you. Also, let me know if I may increase holdings in any of the stocks.

Ajit Mishra:

Apollo Tyres 250 @ 118.57 - Hold

Coal India 125 @ 127.93 - Exit

Equitas Holding 450 @ 53.41 - Exit

Exide Industries 175 @ 159.93 - Hold

Federal Bank 925 @ 53.22 - Hold

ITC 200 @ 183.38 - Hold

NTPC 100 @ 88.75 – Hold, can add little

Rain Industries 75 @ 110.64 - Exit

Rallis India 2 @ 310.75 – Hold, can add little

State Bank of India 10 @ 197.5 - Hold

Tinplate Company 110 @ 138.25 - Hold

Suresh Bahrani: Sir, plz advise on my following portfolio:

Ajit Mishra:

Reliance industries 309shares @ 60/ - Hold (Check price)

JSW STEEL@360shares @25 - Hold

Vedanta 350 shares. @160/ - Prefer Hindalco

PFC@360 shares. @ ipo - Hold

Icici Lombard 117 shares. @ ipo - Hold

L&T 9 shares@@550/ - Hold

Apollo Microsystems 50 shares @ ipo - Exit

NHPC 1700shares. @36/ - Hold

Gspl 250 shares @ipo - Hold

Iex 90 shares @ipo - Hold

Power grid 225 shares @ipo - Hold

Rec 120 shares @ipo - Hold

Sun tv 56 shares @ ipo - Exit

Aniket Patil: I have a long term investment horizon of 4-5 years. I would like to know your view(Hold or Exit) on following stocks:

Ajit Mishra:

Apollo pipes@392 - Exit

Bodal chemicals@71.60 - Exit

Coal india@183.62 - Exit

Exide@183.88 - Hold

Ujjivan small fin. Bank@59 - Hold

Network18@42.73 - Exit

rajesh: I've the following stocks in my portfolio. Kindly give your valuable advice on the same.

Ajit Mishra:

Coromandel international - 7 @788 - Hold

Credit access Grameen - 10@858 - Exit

Divis lab - 2@2337 - Hold

Federal bank - 30@48 - Hold

HDFC - 15@2139 - Hold

HDFC Bank - 4@1054 - Hold

IRCTC - 5@1569 - Hold

ICICI Bank 20 – 424 - Hold

ITC - 40@250 - Hold

JK cements - 4@1521 - Hold

KEC Intl - 5@302- Hold

LT -23@1169- Hold

Laurus Lab - 2@112- Hold 6

Muthoot - 5@1136- Hold

Narayana Hrudayalaya -8@340- Hold

Navin flouro -2@1585 - Hold

Parag Milk - 20@260- Exit

Persistent systems -4@752 - Hold

Shriram Transport -26@989- Hold

Suntv -10@619 - Exit

Swaraj engines -4@1412 - Hold

Syngene int'l-4@440 - Hold

Yes Bank -200@52 – Exit, if not under lock in

jigar deshmukh: Sir i have buyed happy mind @385 48 share what should i do about it? Other then this i have more stocks. Should i hold it or should i sell it off? – Hold

Ajit Mishra:

relaince industries - Hold

Federal bank - Hold

Vip - Hold for atleast 2-3 years

Wipro - Hold

Utkarsha Indulkar: I hold following stocks at these prices. Kindly suggest suitable action for them.

Ajit Mishra:

Ashok layland@84 - Hold

Dilip buildcon. 554 - Exit

Coal india@171 - Exit

CEAT LTD. 919 - Hold

JK tyres@80 - Hold

Indigo@ 1356 - Exit

NALCO@ 47.5 - Hold

TATA power 53.5 - Hold

Yes Bank. 70 - Exit

IOCL. 135 - Hold

ONGC@132- Hold

Hrishikesh Kolhe: I'd like to ask Ajit Mishra, I'm new to investing in stock market and would be starting my trading with 50 thousand rupees. What stock would be preferred for me to buy. I would be investing even more after the initial investment, but need clarity on where to begin with the first lot.

Ajit Mishra: Investment and trading are two different things. For investment, we would recommend to stick to bluechip companies like TCS, HUL, Britannia Industries, HDFC Bank, Reliance Industries


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.

AJIT MISHRA