Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Sachin Dewhare: I'm new to the share market. Please suggest some shares that I can invest in for the long term. Amount is about 2 lacs.
Ajit Mishra: Start with bluechips like Reliance Industries, Bharti Airtel, Britannia Industries, HDFC Bank, ICICI Bank, TCS.
Pramod Shanbhag: I hold the following stocks. I am a long term investor. I don't trade. Please let me whether I can hold them and add as well.
Ajit Mishra:
Abbot - 19 @ 17083/-- Hold
Astral -110 @ 2142/-- Hold
Britannia -85 @ 2955/-- Hold
Deepak nitrite - 94 @ 1511/-- Hold
Dixon - 50 @ 3791/-- Hold
Happiest Mind - 150 @ 813/-- Hold
Jubilen ingrevia 220 @ 779/-- Hold
Sanjeev Thukran: Pls advise on below Shares: 893 shares of Glenmark Life Sciences at Rs.707.59.
Ajit Mishra: Hold
Manoj Jain: I have 150 share of IRCTC bought recently with an average of about 5800. What should do & what is expectation in future?
Ajit Mishra: Hold for 2-3 years at least
Kumarasamy: Pl advice. Can I sell these shares? Akzonobel, Sanofi, Max Health, PI Industries, and buy Maruthi Suzuki, Tata Power and TCS?
Ajit Mishra: For the long term, all these companies have promising growth prospects. One can hold.
Ajay Seth: I am long term investor I seek your sincere advice on following stocks.
Ajit Mishra:
1. Orient cement - Hold
2. IICL – (Name not clear)
3. REDINGTON - Hold
4. TAALENT - Book Profit
5. MOREPENLAB - Hold
6. ZENTEC - Hold
7. TRIDENT - Hold
Ganapathi Kamath: I have below shares along with average price. Please advice whether I should average further or exit:
Ajit Mishra:
| Company | No of shares | Average Price | Recommendation |
| BHEL | 528 | 63.11 | Exit |
| Coal India | 1118 | 160.4 | Exit |
| Ramco Systems | 680 | 604.75 | Hold |
| Lupin | 78 | 1561.31 | Hold |
| Salzer Electronics | 230 | 89 | Exit |
| Greaves Cotton | 66 | 138.15 | Exit |
| MPS Ltd | 15 | 349.51 | Exit |
| Alphageo | 270 | 198.99 | Exit |
| PTC India Financial Ltd. | 5187 | 21.05 | Exit |
| Kilroskar Oil Engine | 598 | 219.03 | Exit |
BIKASH DEB: I am a new entrant in the stock market. I have recently purchased 100 shares of ITC & 20 shares of TATA POWER. I have some spare fund to invest in the market which can give handsome return in the short term. Please suggest.
Ajit Mishra: We would recommend to focus on long term investment.
Tanmay Mittal: I have 8000 shares of idfc first bank at 50rs. What target can i expect in long term? Should I hold or exit?
Ajit Mishra: Look to exit on rise.
Suva Sankar Das: I want to purchase Abbott India Limited, Pfizer India Limited, Nestle India Limited, Honeywell Automation, Sanofi India Limited in SIP manner. I request you to comment/opinion on these shares at the earliest.
Ajit Mishra: Yes, one can.
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.
Feature Presentation: Ashish Narsale/ Rediff.com
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