Did you make profits while the Sensex scaled dizzying heights? How do you plan to consolidate your gains? What should your investment strategy be now? Should you invest more in the market? Should you consider selling a few stocks? What would be the best stocks to buy, sell or hold at this juncture?
In an hour-long chat on rediff.com on Tuesday, stock market expert Madhusudan Sarda answered to readers' queries. Here is the transcript:
Madhusudan Sarda says, Friends This is Madhusudan Sarda, Director Research, Mehta Equities Ltd. I welcome you all for an Investor chat hosted by Rediff. This Investor Chat is from 4 to 5 pm. Kindly note that due to the time constraints indicated by the Host, not all questions might be answered. For unanswered or further questions you might look forward for any upcoming Investor chat session. Also please note that we as a firm or our clients might hold positions or advice in the stocks that we discuss. Please take a Buy or Sell position only after analyzing at your end and taking professional advice.
mahidar asked, is it safe to trade now or wait till the market crashes
Madhusudan Sarda answers, at 2007-07-24 16:09:14Never time the Market. As such there is no right or wrong time to enter the market . You have to be very specific in selecting the scrip.
shuchi asked, hello sir , wht should one do after HDILs' listing should i book profit n leave n at wht price
Madhusudan Sarda answers, HDIL is a good Pick. in the long run can give huge returns, with the kind of Land Bank and Valuations it has as compare to peer group
MS asked, Which is better BHEL or L&t ?
Madhusudan Sarda answers, As such you can not Rate the company . both are having a good upside in the 12month frame. with the kind of infrastructure boom in the the economy
priya asked, what is ur prediction of stock market by this year end
Madhusudan Sarda answers, Markets seems to be good . we can expect it be around 16500 - 17000 level
Administrator says, Due to a technical glitch, the chat is unfortunately stuck for the time being. We will resume as soon as the problem is rectified. We regret the incovenience. Thank you for your patience.
MS asked, Shall I book profits/losses in IT ?
Madhusudan Sarda answers, Dollar Rupee issue is effecting the It sector right no. therefore in the short run there is not much return
MS asked, Shall I book profits/losses in IT ?
Madhusudan Sarda answers, Dollar Rupee issue is effecting the It sector right no. therefore in the short run there is not much return
MS asked, IS
IT OK TO enter BHEL at these levels ?
Madhusudan Sarda answers, Bhel Is a good Pick right now.
priya asked, RCOM i want to buy , can i buy at this rate or let me know the rate where i can buy
Madhusudan Sarda answers, Rcom is one of the best Pick In the Telecom Sector.in the Long run the Stock can see a Huge Upside.
priya asked, RCOM i want to buy , can i buy at this rate or let me know the rate where i can buy
Madhusudan Sarda answers, Rcom is one of the best Pick In the Telecom Sector.in the Long run the Stock can see a Huge Upside.
rrrrrr asked, i have 85 shares of Deccan aviation @ 148/- for last one year. What should I do now? hold or quit?
Madhusudan Sarda answers, Lot of Strategic movement would be seen in the Stock. we recommend a hold at present level.
ITStocks asked, pravin central bank IPO is good
Madhusudan Sarda answers, Central Bank have Extensive branches, Their NPA Fig have declined from 12.5% to 4% which is huge in this segment. also the company is Looking at a PE of Around 7 . therefore it is good pick
YSReddy asked, what is th futue of Visal Retail. i have 25 shares alloted through IPO
Madhusudan Sarda answers, Vishal Retail Very Bright future. We recommend hold. huge returns with in a period of 12months.
SGK asked, Hi Madhusudan, I am thinking to invest some 1 Lakh rupee in stock. Please suggest me good stocks.
Madhusudan Sarda answers, Investing in Stock market depends on your risk Profile. IF You are risk averse then we would recommend you frontline or blue chip company.
manish asked, whats the future of ICICI Bank
Madhusudan Sarda answers, Icici is one Among the Largest growing PVt Sector Bank.therefore the future is good in the long run , their might some correction with move in the rbi guidlines that too in the short term. we recommend hold.
Nitin Ahuja asked, I HAVE RNRL, R SYSYTEMS, IDFC, RPL. WHAT SHOULD I DO WITH ALL THESE ?
Madhusudan Sarda answers, Scrips r good therefore we recommend you to hold for the long term return. for good returns you have to be patient.
YSReddy asked, what are the future prospects of NTPC?
Madhusudan Sarda answers, Future Prospects are good for NTPC. The Proposed and the Announced Project can bring a good upside in the Stock . but it is a Long Term Bet.
gpankajatnetapp asked, i am holding 1000 @ 75 of hotel leela, please recommend
Madhusudan Sarda answers, All the property of hotel leela venture is Strategicly located in terms of demand. there fore it is good pick. we recommend Hold on thos stock.
Madhusudan Sarda says, Thanks you Everyone Happy investing Sorry for the Technical Issues