The markets gave a thumbs down to the Interim Budget 2009-10 and investors lost close to Rs 1 trillion on Monday itself.
As the market breath remains negative, the investors continue to remain a confused lot. What strategy should you adopt? Which stocks to buy, sell and hold?
Stock market expert Rajan Malik, national head for the Private Client Group Equity Advisory for Anand Rathi Securities, replied to many such readers' queries during a live chat on rediff.com on Wednesday.
Mr Malik has over 20 years experience in the financial markets.
Here is the transcript:
rajan says, Good Afternoon
CAN anyone TELL abt SATYAM what is its future??rajan answers, at 2009-02-18 15:38:47
While satyam would be taken over, questions will remain on its value and ultimate offer price.
please tell 4-5 stocks which are the best buys @CMP for long term perspective. Thanxrajan answers,
Reliance Ind, RCom, Voltas, Sterlite Ind, Maruti.
i have 500 shares of ispat...rajan answers,
How is reliance power and India Infoline stock ?rajan answers,
10 hot stockes to observe rajan answers,
Reliance Ind, RCom, Voltas, Sterlite, Maruti, Bajaj Auto,IDFC,Colgate, NTPC
plz tell me the golden stock?? rajan answers,
What's your view on SESA GOA. Lots of news about it's growth perspective for the next year. Thanks rajan answers,
Lots of Cash on Hand, but iron ore prices moving down with little scope of major recovery.Share will be range bound.
How do you see Infosys & TCS? Shall one accumulate them?rajan answers,
Technology is currently an avoid.
dear sir i have 250 canarabnk@210,400 federalbank@150,110 reliancecapital@470,100 rpower @110,1500 satyam@75,1000 sakuma@7 pls help rajan answers,
Your share are market performers, satyam & Skumar you can sell
I HAVE 1000 SHARE OF GLENMARK WHATS TO BE DONE?rajan answers,
UNITEC buy @ 34 & RNRL buy @ 50 , Wht price to sell and how much time to wait ??rajan answers,
RNRL is an avoid. Unitech you should get out when you break even.
what will be the future of HDIL, Rajesh Exports...rajan answers,
Hold on to HDIL, Avoid Rajesh Exports
Hi I bought 1400 Karuturi global at 14...what is the outlook?rajan answers,
Rajan Malik asked,
It is better to go in DLF rather than any other real estste share.rajan answers,
Hi ... is this a good time to invest in TATA STEEL? Also, what do you think about the positions of RELIANCE NATURAL and RELIANCE PETROLEUM in the near and long term rajan answers,
Why r u positive on RCOM, is it just becoz of GSM launch? There is so muhc competition in the sector and margins are going to fall, so what is the use of buying such stocks which also have accounting issues like the mark-to-market forex losses being recorded in the balance sheet instead of P&L A/c?!?!rajan answers,
Valuations discount accounting issues and do not fully take into account potential GSM growth.
I have 100 shares of Bank of Baroda at Rs. 233. What should I do?rajan answers,
rehman mallik asked,
what about HDFCrajan answers,
Good Quality stock for long term Investment
What's the near term future of Cairns India?rajan answers,
we believe that it is slightly over priced
How about OnMobile, VAS company?rajan answers,
Good company with a good business model
hi, how does reliance petro looks from long terms perspectiverajan answers,
Refining margins are under pressure for all refiners, better to switch to Reliance Ind
wat is the position of Gujarat NRE stock, can i purchase this stockrajan answers,
All mineral companies have witnessed substantial falls. It is unlikely demand will pick up substantially in the near future.
Between Unitech and DLF, which is better to invest?rajan answers,
I have 400 shrs of GDL(gateway distiparks) what to do?rajan answers,
IB Real Estate is also gd in Realtyrajan answers,
i bought 2000 satyam shares @ 21 Rs. till when can i hold it ?rajan answers,
Take money off the table
what do you think about pharma companies like Dr Reddys and Ranbaxy? rajan answers,
While Reddy's is fine ,Ranbaxy has litigation concerns in the U. S
HELLO RAJAN BHAI, TELL ME ANY SECTOR SPECIFIC WHICH WILL PERFORM OR OUTPERFORM THE MARKET IN NEAR TERM THNAKS IN ANTICIPATIONrajan answers,
Currently Two Wheelers , FMCG ,Power and TElecom.
I have 180 ICICI Bank Shares, Reliance power 17, BEML 5 rajan answers,
can i invest in equities by taking a personal loan. Liquidity crunch but all the stocks are undervalued - so growth will be there. what do you advise ,sir?rajan answers,
Avoid leveraging .
dinesh chauhan asked,
is DLF worth buying at todays level? rajan answers,
You willl probably get it cheaper
tell me about neyveli lignite and powergridrajan answers,
Both defensive and fine in the current market scenario
wats ur expectation on nifty for tomorrowrajan answers,
should head down
what about investing in infrastructures companies like L& T , SIL & Punj Lyod?rajan answers,
engineering companies are facing price renegotiations and fresh orders will slow down.
futur of suzlon energyrajan answers,
what abt BHEL, L&Trajan answers,
Bhel is outperforming on the expectation of larger Govt order flow. Generally both will be impacted by capex cycle slowdowns
I have purches 2000 shares of Alok Industries @16, would like to know about the prospects of the company and likely short term target rajan answers,
Industry under pressure which does not look like it would end soon
it god buy at current levelsrajan answers,
Yes but even Bharti will fall if the market goes down. Try and accumulate on panics
HI, I WANT TO KNOW WHAT IS THE PROSPECTS OF aXIA BANK AND HPCL IN NEXT 3-4 DAYS rajan answers,
While HPCL looks ok, there is general weakness in banking stocks
What do you about ICICI bank stock? rajan answers,
Good value from a medium term perspective.
MAhindra and Mahindra for a short term @ 275rajan answers,
Maruti's recent sales figures look better and hence the pick in the sector.
how are the media stocks & which will be outperformer?rajan answers,
Expensive but IBN 18 looks the best.
vishal kol asked,
i hv LT @1400 what i do .rajan answers,
I have 100 Shares of satyam@56 what should i do ? rajan answers,
What about MindTree at CMP?rajan answers,
How good is JP associates at this time ?rajan answers,
should get it cheaper and buy on declines
sir your take on ongc plzrajan answers,
Reliance Inds would be the best bet in the sector
tell me 3 hot midcap stocks except Reliancerajan answers,
Reliance is not a mid cap stock. You could look at Voltas ,Bartronics,GlaxoSmithkline Consumer
will satyam cross Rs100 barrier this yearrajan answers,
Unlikely in the near term but fortunes will depend on who takes it over.
I have invested in GILT funds.. any chance of appreciation rajan answers,
You should already be in money. In any case we feel that interest rates will go down from current levels
Deepak T asked,
Mr. Rajan, how do u recommend RCOM to the grpup here. If u c, the EPS for the quarter is same as that of IDEA. Kindly get the fundamental financials bfore recommending. RCOM will go to 100 odd levels for surerajan answers,
GSM was launched only this quarter and growth will start to come in after two quarters. If the market tanks ,RCOM could fall too
Your views on GOLD ETF's? is this is good time to buy Gold?Whats the target? rajan answers,
Gold has already appreciated substatially but we feel there is further scope of appreciation.
i hv areva 250shares @ 200, what should i do?rajan answers,
Areva is a quality Power transmission and distribution player. It is likely to perform well over the medium term
I have 200 shares of Chennai Petro at Rs. 280. Now it has fallen to Rs. 105 due to disastrous results, due to falling crude oil prices. What Should I do? Should I add more?rajan answers,
Should not average even though valuations are looking very cheap . Refinig margins are under severe pressure
what r ur views on Bank of India?rajan answers,
Very aggressive and good treasury managers. High Beta stock .
Hi Rajan, what is your opinion about Opto Circuits?rajan answers,
Good stock to buy.
what about sintex in medium term rajan answers,
Recent results were not very good and construction slowdown is likely to hurt .
hi i am holding JPAssociate 1000@76 ... What should i dO ? Plz Tell me / rajan answers,
keep Rs 61 as stop loss. If it goes down best to book loss.
can i invest in satyam computers ? rajan answers,
i hv tata motors 225 @ 145 shoudl i waitrajan answers,
major concerns on JLR deal and subsequent debt.
goden stock to buy with two month propectiverajan answers,
but what about RCOM ARPUs which are certainly going to fall with GSM subs being low-end?!? Also higher network oepration costs due to GSM launch will pressurise margins. So how come u r still positive on it? rajan answers,
It is changing the initial launch offers. It will take a pie of the other existing GSM players . Two major concerns ,one on the value added services treatmentand the other on the accounting lapses seem factored in the current price and the discounting for FY10.
should i buy idfc stock nowrajan answers,
sanjay joshi asked,
whats the future for tata steelrajan answers,
steel price outlook do not look very bright.
I have Indiabulls at higher level..Should I average it now? rajan answers,
is this right time to invest in market....?rajan answers,
in a staggered manner
Where do you See Mkt. is heading toward in next6-12 months rajan answers,
marginally down now and then a recovery
wat is ur opinion on rpl and gmr infrarajan answers,
convert rpl to reliance inds and hold gmr
Am Holding Maytas 50 @ 175.. Bought another 50 at 51... So my avg is 113... What should i do now? rajan answers,
Do not think averaging is a good idea. That would be all for today . Thank You All
i want to select among these cipla, lupin, nicholas piramal, aurobindo pharma. Plzz advice???rajan answers,
Thank You and Good Bye