Stock Market Tips: These Shares Can be Rewarded For You in The New Year
In the year 2020, the whole world was badly affected by coronavirus infection. This global epidemic has not only killed lakhs of people but also affected the livelihoods of crores of people. This led to tremendous fluctuations in the stock market as well. Sensex, which was rapidly climbing till January last year, went bust in February. However, since November the Sensex is once again touching new heights. Meanwhile, there were many such stocks, which gave very good returns to investors this year on the basis of strong foundation. This year, when the Sensex has recently touched the 48,000 mark, investors are expecting much better returns.
Experts unanimously stated that investors should invest keeping in mind the long-term perspective of any stock
He said that before investing in any company, the basic facts related to it must be kept in mind. According to him, long-term investment in a company with a strong foundation is expected to lead to better returns. According to Ajit Mishra, Vice President (Research), Religare Broking, Bharti Airtel is expected to perform well in 2021. He said that the company’s customer base is very rich. Also, the number of 4G subscribers is continuously increasing and the company’s ARPUs are also very good. He added that further increase in ARPU will enable the company to invest in new types of technologies.
According to Nirali Shah, senior research analyst at SAMCO Securities, the performance of Indian Hotels in 2021 may be quite good. He has said that Indian Hotels is a midcap stock. He said that the company’s stock has a lot of support from the Tata group. He said that with the opening of the economy, this company would benefit immensely as people can go to other cities to spend a large number of holidays. He said that the company will benefit from the price rise in the real estate sector.
According to Vinit Bolinjakar, head (research) at Ventura Securities, HCL Technology and Aarti Drugs have done well in 2020 and the performance of these companies is expected to continue in 2021 as well.
Bob Singh, director at HBF Direct Limited, said that this year, the banking, insurance, pharma and telecom sectors need special attention. He said that investing in companies like Bharti Airtel, Sun Pharma and Doctor Reddy’s can provide better returns. Similarly, in the automobile sector, Mahindra & Mahindra can get attention.
He said that shares like Thyrocare, Bajaj and Dhanuka Agritech can also prove to be very good returners stock market .
SMC Golbal Securities Limited in one of its reports recommended these ten stocks for 2021:
- HCL Technologies
- Axis Bank
- Hindustan Zinc
- Bank of Baroda
- Mphasis
- Alembic Pharma
- Prestige Estates
- Finolex Cables
- Kalpataru Power
- KNR Construct
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