Indian markets are being volatile, global economic situation is being grim.
Indian rupee is depreciating and there seems to be no end to the crisis that is looming large over India.
At this juncture, investors are confused, they don't know which stocks to buy, sell and hold.
Retail investors too are looking for meaningful suggestions.
Will mutual funds safe options now?
Market expert Shrikant Chouhan, head of Technical Research, Kotak Securities, replied to many such important investment queries during a chat on rediff.com on Tuesday.
Here is the transcript:
TTKPRESTIGE asked, HOLDING TTK PRESTIGE,TITAN,HERO HONDA,BANK OF BARODA,ORISSA MINERLS , BAJAJ AUTO ALL AT PRIMARY PRICE 1000 EACH OF THEM NOW WORTH FEW CRORES.SHALL I CONTINUE TO HOLD OR EXIT?
SHRIKANT S CHOUHAN answers, at 2012-06-12 16:04:04Ther are all good qiality stocks ...just sit on them tightly. hold for the long term. ttk prestige i think little bit weak and try to reduce it around 3200 levels
rahul asked, am a 38 year old businessman am investing approx 25000 pm in mf with 15 year perspective is it sufficient to build a good corpus?
SHRIKANT S CHOUHAN answers, i think 25000 is more than enough if you are investing it on monthly basis. But you can invest in frontline index stocks with long term view into secondary market. and ammount should be atleast same or more than this.
skjena asked, Indian markets is going to be down, whether I should sell my mutual funds?
SHRIKANT S CHOUHAN answers, MUTUAL FUND INVESTMENTS ARE FOR THE LONG TERM TO GET BEST RETURNS ON INVESTMENTS.
Larissa asked, How to choose a good fund?
SHRIKANT S CHOUHAN answers, ALL FLAGSHIP AND GROWTH FUNDS ARE GOOD TO PURCHASE WITH A LONG TERM VIEW.
Shyam asked, I am holding 55 shares of Aban Offshore which were purchased at the rate of 1200. Current price of Aban Offshore is around 350. Should i sell or hold the shares?
SHRIKANT S CHOUHAN answers, NO POINT IN TAKING SUCH A BIG LOSS. BETTER TO HOLD BUT IF IT COMES TO 450 THEN EXIT OUT OF IT AND INVEST INTO INDEX HEAVY WEIGHT STOCK.
QWE asked, futures or options which are best
SHRIKANT S CHOUHAN answers, IT DEPENDS ON CAPACITY TO TAKE THE RISK. AS WELL AS HOW U FORECAST THE MKT. FOR SHORT TERM FUTURES FOR POSITIONAL VIEW OPTIONS.
Prakash asked, I am holding JSWIspat industry since 4 years @33 , i am huge loss now . Please suggest what should i do now in this type of market.
SHRIKANT S CHOUHAN answers, HOLD.
Vivek asked, Is it worth to keep SIP for long term. Or shall we redeem whenever we get around 10-15% profit. I had one SIP 10K every month which started 2011 January. Shall i redeem whenever I get this profit or shall i continue with 5 years horizon...What's your take?
SHRIKANT S CHOUHAN answers, WE CAN GET BETTER RETURNS ON INVESTMENTS IF WE DO SIP FOR LONG RUN.
sashi asked, at this juncture...can you recommend some front line stocks to which i can allocate a lumpsum amount of 8 lakhs with a 5-6 year perspective
SHRIKANT S CHOUHAN answers, INVESTING INTO ANYONE STOCK IS NOT THE RIGHT WAY.. YOU CAN INVEST IN SBIN, HDFCBANK, LARSEN AND HINDALCO WITH A LONG TERM VIEW.
SUBHASH asked, i HAVE 1.5 LAC FREE FOR 6 MONTHS .WHERE SHOULD I IVEST. OPTIONS --MUTUAL FUND.EQUITY,FD
SHRIKANT S CHOUHAN answers, FOR SIX MONTHS NOTHING IS SUITABLE EXCEPT FIXED DEPOSITS
xyz asked, holding of MF's purchased during 2007-2009 showing huge losses. what to do?, redeem them and invest in FD or hold?
SHRIKANT S CHOUHAN answers, HOLD IF YOU HAVE INDEX BASED OR GROWTHFUND, OR SECTOR SPECIFIC NAVS OTHERWSISE YOU HAVE TO LIQUIDATE.
ABHISHEK asked, WHAT ABOUT CALS REFINERY
SHRIKANT S CHOUHAN answers, NO UNDER COVERAGE AND TRY TO INVEST INTO THOSE STOCKS THAT YOU CAN SEE LIKE TWO WHEELERS, FOUR WHEELERS, BANKS.. REST YOU JUST FORGET.
drssrajs asked, what about suzlon energy at current level ?
SHRIKANT S CHOUHAN answers, NOT TO BUY HIGH DEBT STOCKS ...
Ranjay asked, Hi For long term investment , should we go for gold or SIP ?
SHRIKANT S CHOUHAN answers, 4 TO 5 YEARS
RB asked, Hi Srikant, I am 41 and I have the following SIPs currently: DSPBR Equity G- Rs 1000, Fidelity Equity G Rs - 3000, HDFC Prudence G Rs 1000, HDFC Top 200- G - Rs 2000, IDFC Premier Equity A -G- Rs 2000, UTI dividend Yield -D -Rs 2000 and Magnum Emerging Business -G- Rs 2000, HDFC gold Fund - 1000 . Please suggest any modification, alteration and/or addition to my portfolio? I am the only earning member of the family with 3 dependent. I have no loan at present. I want to built corpus for Children education, marriage and retirement. All the SIP's are around one yr old (I started late) and my monthly salary around Rs 40,000/= month. Please suggest optimal portfolio for me. Apart from this I have 71 shares of PFC and 50 shares of ONGC and purchasing 2 unit of NIFTY BeES/month?
SHRIKANT S CHOUHAN answers, SIR YOU HAVE A LONG LIST ...PLEASE MAIL ME ON shrikant.chouhan@kotak.com. I will reply on it. with your cotact details and email id.
dilipjaindilip asked, is L&T is good to short at these level
SHRIKANT S CHOUHAN answers, no...MOST OUTPERFORMING STOCK AND IF MKT REMAINS POSITIVE THEN IT MAY EVEN QUOTE AT 1500.
ajk asked, BHEL is good @ CMP?
SHRIKANT S CHOUHAN answers, NO .. AVOID FOR THE TIME BEING.
vivekanandaan asked, i want to invest rs.2000 per month with 15 % profit within a year ... which MF should i invest ?
SHRIKANT S CHOUHAN answers, RETURSN ARE NOT GAURANTED WHEREVER EQUITY COMES .... ITS A RISKY ASSETS AND RETURNS ARE ALSO EQUALY SAME.
jubu asked, shri, what is the future of FCS s/w and anu's lab?
SHRIKANT S CHOUHAN answers, WE ARE NOT TRACKING THESE STOCKS ...
rcnair asked, How worth holding l&T finance holding, I have 1000 shares
SHRIKANT S CHOUHAN answers, BETTER IF U INNVEST INTO LARSEN AND TOUBRO MAIN COMPNANY.
RohanShippy asked, As per Market expert I bought 2500 shares of Reiagro @17, but now it's moved down to 8/. What should I do now.
SHRIKANT S CHOUHAN answers, YOU CAN SEE THE CONDITION OF EQUITY MARKETS WHERE THE YIELD IS DROPPING EVERY YEAR .. HOW COME YOU CAN INVEST? STILL BETTER BE WITH THOSE COMPANNIES WHO HAVE DUAL ADVANTAGE OF EQUITY AS WELL AS BANKING,
ajk asked, I have bought 1971 BHEL @ 234 with a time horizon of 2 years and expecting 30% returns, is it possible or should I exit it?
SHRIKANT S CHOUHAN answers, IT WILL MAINLY DEPEND ON COAL POLICY FOR WHICH THE GOVNT WILL GO .. ITS A TOUGH TASK FOR THEM.. BETTER IF YOU FOCUS ON ANY FRONTLINE INDEX STOCK FROM FINANCE.
sdfd asked, SIR YOUR VIEWS ON RAJESH EXPORTS PLS
SHRIKANT S CHOUHAN answers, TAKE PROFIT AND FOCUS ON NIFTY FIFTY STOCKS..
brijesh asked, should i invest stocks or gold present
SHRIKANT S CHOUHAN answers, I THINK IN THIS UNCERTAIN ZONE WE SHOULD PARK 50% INTO EQUITY AND 50% IN GOLD.
SUBHASH asked, HOW COAL INDIA SHARE IS LIKELY TO FARE
SHRIKANT S CHOUHAN answers, RANGE BOUND BETWEEN 310 AND 350.
srinivas asked, i bought ncc ltd at rs.29.50. I can wait upto december, 2012. shoul i hold ? or exit at current levels?
SHRIKANT S CHOUHAN answers, HOLD UP TO 33
Mohan asked, What is the best way to invest in Gold ?
SHRIKANT S CHOUHAN answers, BUY GOLD ETF OF SPECIFIC AMMOUNT EVERY MONTH.
nutty asked, whats ur call for lupin ? n what can b the target in next few months?
SHRIKANT S CHOUHAN answers, THE STOCK IS TURNING WEAK BETTER IF YOU STAY AWAY FROM IT.
nutty asked, whats ur call for lupin ? n what can b the target in next few months?
SHRIKANT S CHOUHAN answers, HOLD....
niewn asked, SIR,wt abt JUBILANT FOOD,MCDOWELL (N)/UNITED SPIRIT/ AZTRAZENCA PHARMA & FAG BEARING ?
SHRIKANT S CHOUHAN answers, ALL ARE RISKY BETS TO INVEST YOU CAN ONLY TRADE IN THEM WITH A TIGHT STOP LOSSES..
bumba asked, I have SBI@2180 and RIL@900 , what to do with these stocks, shell or hold?
SHRIKANT S CHOUHAN answers, ADD MORE ON DECLINES AS WELL AS CURRENT LEVELS FOR RELIANCE.
NATH asked, 35 years old , can save 40k for month. In 40K 10K for LIC, 5K SIP, please let where can I invest remain 25K... and also let me know am I doing correct..
SHRIKANT S CHOUHAN answers, BALANCE 25000 IN TO GOLD AND DEBT MKT EQUALLY,,,
lokendra asked, pls suggest whether i should invest 6k rs per month in mfs or in stock market
SHRIKANT S CHOUHAN answers, BETTER IF U GO FOR INDEX FUNDS.
rashmin asked, in which sector in equity mkt should i invest
SHRIKANT S CHOUHAN answers, BANKS AND INFRA
santanu asked, hi srikant
SHRIKANT S CHOUHAN answers, HELLO..
Vivekprathap.Shastry@gmrgroup.in asked, How do you see GOLD as an investment,,expecting the return in 3-4 years from now???
SHRIKANT S CHOUHAN answers, SHOULD BE GOOD BUT DIFFICULT TO SAY CONFIDENTLY AS WORLD MARKETS ARE TAKING MAJOR STEPS TO FIGHT WITH CURRENCY FALL.
avishek asked, hi i have 2500 shares of manappuram should i hod......
SHRIKANT S CHOUHAN answers, BETTER IF U EXIT.. AND INVEST INTO INDEX STOCK.
jbabu asked, is this the good time to liquidate franklin templeton blue chip fund which I have been investing from past 5yrs tru SIP
SHRIKANT S CHOUHAN answers, NO.
daya asked, what do you think of disinvestment story in BOC India, Kennametal, Fulford and list goes on .......Which one according to you is best pick to buy ...can you suggest 2-3 stocks in delisting idea?
SHRIKANT S CHOUHAN answers, THESE ARE ALL TOUGH CALLS BUT BETTER BETS ARE FAG BEARINGS, TIMKEN AND OFSS BUT TIME DURATION IS VERY DIFFICULT TO SAY.
niewn asked, SIR, I HAVE VIP's 750 SHARES AT AN AVG. AT RS.94 WHAT DO I DO? HOW LONG I SHOULD HOLD IT?
SHRIKANT S CHOUHAN answers, AROUND 85/88 EXIT
ajk asked, ITC @ 240 a good longterm bet? (3 to 5 years)
SHRIKANT S CHOUHAN answers, 3 TO 5 YEARS VIEW IS GOOD FOR ANY FRONTLINE STOCK TO INVEST.
NilKavi asked, Hi Shrikant...... how is muthoot finance, I have muthoot finance 750 share at rs 105.....shall I continue or exit?
SHRIKANT S CHOUHAN answers, EXIT ..
sanjaydg asked, i am having GATI LTD 1000SHRS@35.60 RS, WHTHER TO HOLD OR EXIT. SANJAYDG
SHRIKANT S CHOUHAN answers, HOLD.
ajju asked, Should I invest in SBIN OR IDBI Bank for long term.
SHRIKANT S CHOUHAN answers, SBIN.
GOVIND asked, IS IT RIGHT TIME TO BUY IFCI STOCK?
SHRIKANT S CHOUHAN answers, AROUND 30/32
drssrajs asked, can you suggest 5 shares for long term investment ?
SHRIKANT S CHOUHAN answers, LARSEN, SBIN, HDFCBANK, HINDALCO AND HUL
srini asked, Sir, What about invesment in Nitesh estates
SHRIKANT S CHOUHAN answers, AVOID.