Indian stock market Nifty & Sensex runs like Milkha Singh and reached lifetime high and still counting. Many of the stocks have actually more than doubled in the first six months of 2018.
You would be sitting on lots of cash if you would have invested in Indian stock market. But, don’t you worry as the market gives you an ample number of opportunities to make money out of it.
Both Nifty & Sensex rose to record highs in the year 2018 and at the end of October Nifty50 almost touched 10500. Many stocks which were trading at less than Rs 100 at the beginning of 2017 now trading more than you can imagine.
In a matter of just six months, these stocks become giant and certainly made lots of money for investors.
Indiabulls Ventures, MEP Infrastructure, Aditya Birla Money, Indiabulls Real Estate, Geojit Financial Services, and much more have given huge returns.
So far so good but as you missed the rally and bit confused where to put your money to get some decent returns. As Nifty & Sensex are at its peak so wisely investment is very crucial so that you don’t lose out.
So I have found some gem of Indian stock market where you can put your hard earned money. However, if you want to play safe, then consider investing in high dividend paying evergreen stocks instead of high beta stocks.
Nifty & Sensex at a lifetime high. What to Buy and What to Sell?
ITC (27.27 percent) is a major contributor to the Nifty’s rally followed by Reliance Industries (13.90 percent). Furthermore, IOC (13.31 percent), ICICI Bank (10.09 percent) and HDFC (8.37 percent) also contributed to the rally.
You can invest in these small-cap stocks like JMT Auto, Metalyst Forgings, Madhucon, and Shree Renuka Sugar.
Some other small-cap stocks are on my radar are Everest Industries, Mangalam Cement, Monnet Ispat, and PunjLloyd.
Apart from that, you can also look into these mid-cap stocks which may outperform in the future. Stocks like Shriram Transport, Reliance Capital, Adani Enterprise, Canara Bank, and BOI.
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Published on: Oct 6, 2017