High profile stocks corrected, is it time to buy?
updated on 9 Sept 2016
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but www.stockmarketindian.com does not warrant or guarantee their accuracy or date.
www.stockmarketindian.com takes no responsibility for any investment decisions based on recommendations provided on website.
Financial contents like Technical charts, historical charts and quotes are taken from NSE and Yahoo sites.
Note - All quotes are delayed by 15 minutes and unless specified.
Google Adsense Ads are posted on every page of the website so visitors clicking on Ads and going to those links and carrying any financial deal is not at all related to www.stockmarketindian.com and any financial deal should be done on their own sole responsibility.
Please read our Disclaimer page before using any material or advice given at www.stockmarketindian.com
Welcome to Financial House......your place to Learn and Earn
The Nifty50 has already rallied over 28 per cent from its 52-week low of 6,825 but a 200-point intermediate correction cannot be ruled out before it resumes its uptrend, experts said. Investors should use the opportunity to buy quality stocks.
Accommodative policies of global central banks, such as low interest rates and sustained purchases of government bonds, corporate bonds and even equities (BoJ) recently have been the biggest drivers of asset prices over the past 5-6 years.
When and how any eventual normalisation will take place and what will be the implications of the same on asset prices. It may be worthwhile to do some mental exercise on the valuation multiples of various sectors and high-profile stocks in India without the prop of current stock prices or valuations
Currently markets are trading at 18 month hight and if market corrected then these below stocks van be bought for excellent returns :-
Maruti Suzuki, Tata Motors, SBI, ICICI Bank, Cipla, Tech Mahindra, NTPC and Power Grid.