Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Raamesh Sehgal: I am 64 years old and lost almost Rs 20 lakhs in shares, options and puts between 2008-2010 due to the market crash.
Now, after 11 years, I am thinking of investing in mutual funds and shares as a day trader/mid-term investor.
I have a phobia because of my losses in the past. Please suggest a safe strategy for new investments in the range of Rs 1-10 lakhs.
Ajit Mishra: You can invest in ICICI Bank, SBI, Britannia, M&M, Kansai Nerolac, Nam-India, Maruti and Coromandel International.
Narwal: I have following shares in my demat account.
Please give your valuable suggestions as to whether I should hold/sell/add. Also I want to invest in ITC, Infosys, RIL, TCS.
Is it right time to invest in these stocks as per prevailing trends/rates?
Ajit Mishra: You can invest in Infosys, RIL and TCS on dips.
| Company | No of shares | Recommendation |
| GSPL | 200 | Hold |
| PETRONET LNG | 200 | Hold |
| NHPC | 24 | Exit |
| JSW HOLDINGS | 3,700 | Hold |
| RELIANCE POWER | 25 | Exit |
| JSPL | 450 | Hold |
| INDBANK MERCHANT BANKING SERVICES | 25 | Exit |
| JINDAL STAINLESS LTD | 75 | Hold |
| JINDAL STAINLESS (HISAR) LTD | 150 | Hold |
| RIIL | 450 | Hold |
Raj Suresh: I am holding following stocks.
Kindly advise which ones to hold and which ones to exit. Also advise which other shares I can invest in for a short term period of six months.
Ajit Mishra: For short term, you can invest in Petronet, Laopala,Nam-India and MGL.
| Company | No of shares | Recommendation |
| ADANIENT | 1,000 | Partial exit |
| ADANIGREEN | 1,700 | Partial exit |
| ADANIPORTS | 250 | Partial exit |
| AXISBANK | 1,000 | Hold |
| BHARTIARTL | 400 | Hold |
| EQUITASBNK | 1,000 | Exit |
| ICICIBANK | 750 | Hold |
| ICICIGI | 200 | Hold |
| INDUSINDBK | 600 | Hold |
| JETAIRWAYS | 2,000 | Exit |
| MANAPPURAM | 2,000 | Hold |
| PCJEWELLER | 5,000 | Exit |
| RELIANCE | 200 | Hold |
| SBICARD | 500 | Hold |
| SBILIFE | 700 | Hold |
| SBIN | 600 | Hold |
| SUNTV | 250 | Exit |
| TATAELXSI | 100 | Hold |
| UTIAMC | 500 | Hold |
| ZEEL | 1,000 | Exit |
Danesh: I'm 50 years old and have just opened my demat account. I'm also new to equity.
Can you give me your valuable advice about investing in stocks and which stocks to buy for both short term and long term?
I'm ready to take small risks as I need to plan a small corpus for my retirement.
Ajit Mishra: For the long term, you can invest in ICICI Bank, SBI, Britannia, M&M, Kansai Nerolac, Nam-India, Maruti and Coromandel International.
For trading, I would recommend you to check with your investment advisor as trading is time and price-sensitive.
Sharief Khaja: I have the following shares. Kindly advise whether to hold or exit. I am going to retire next month. Kindly advise new scrips for long term investment please. Advise suitably.
Ajit Mishra: For the long term, you can invest in ICICI Bank, SBI, Britannia, M&M, Kansai Nerolac, Nam-India, Maruti and Coromandel International.
| Company | No of shares | Recommendation |
| Adani Transmission | 100 | Partial exit |
| Adani Power | 300 | Exit |
| Reliance Industries Ltd | 100 | Hold |
| Hind Industries Ltd | 100 | Exit |
| Union Bank of India | 65 | Exit |
Ganapathi Kamath: I have these shares and am mentioning their average price. Please advise whether I should average further or exit:
Ajit Mishra:
| Company | No of shares | Price | Recommendation |
| DB Corp | 3,250 | Rs 133 | Exit |
| Karnataka Bank | 1,152 | Rs 79.45 | Exit |
| IRB | 564 | Rs 143.5 | Exit |
| Wonderla | 210 | Rs 250 | Exit |
| GPPL | 335 | Rs 107 | Exit |
| Force Motors | 112 | Rs 1,963 | Exit |
| Texmaco Rail | 6,077 | Rs 40.20 | Exit |
| CESC Ltd | 45 | Rs 704 | Hold |
| Atul Auto | 638 | Rs 250 | Hold |
| SH Kelkar | 280 | Rs 181 | Hold |
Gautam Ghosh: Kindly advise whether I should hold, accumulate or sell the shares mentioned below.
Also kindly advise whether it would be advisable to replace these shares with those of leading private banks like HDFC/Kotak Mahindra/Axis/ICICI.
I also have 5,000 shares of Jindal Steel. Would it be advisable to replace these shares with other metal scrips like JSW/Tata Steel/Hindalco?
Ajit Mishra: Exit Jindal Steel partially and invest in JSW and Tata Steel.
| Company | No of shares | Recommendation |
| Techno Electric & Engineering Company | 2,000 | Exit |
| Macrotech Developers | 60 | Hold |
| Federal Bank | 1,800 | Exit. Prefer ICICI Bank or Axis Bank |
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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