Today Nifty
crossed 8000 marks…..What next..?
Today, CNX
Nifty has closed the above 8000 marks at record high for the first time on the
back of April-June quarter,14 GDP data. In 1QFY15 India has posted a robust
growth of 5.7% compared to 4.7% growth in 1QFY14. The reason behind this
fantastic improvement is significant improvement of industrial sector.
Manufacturing and electricity generation have been major contributor to the
industrial sector.
The CNX Nifty has rallied almost 13%
since election results. We have witnessed the significant move in Capital
goods, Banks, Power and Metals sector indexes. The rally in the Indian markets
which began on hope post Mr. Narendra Modi’s anointment as the Prime
Ministerial Candidate of India in September of last year, would continue to
sustain, now that he is in charge of the world’s largest democracy. Initial
signals – on foreign policy, economics (including reforms of FDI and otherwise
in various sectors), continuity of constructive policies of the UPA and also a
reach-out to every citizen to be self accountable in his Independence Day
speech has helped continue the wave of optimism.
Now the big question is what should do
the existing or new investor. New investor means who want to take advantage
from market but still has not entered in the market. After posting a near 60%
rally on the Nifty since the August 2013 lows of 5100, investors should invest
very carefully in growth and value stocks rather than taking a sector
overweight/underweight call at this point in time.
I also help to choose these types of
stocks to my clients besides financial planning and other providing advice for other asset class investment.. In past many of our investors has created a significant
wealth compared with other asset classes. After doing research and analysis I
have found re 10 stocks portfolio for the 3 year time frame and we would also
review these 10 stocks quarterly and annual basis during this investment period.
For some reason I am not mentioning here the all 10 stocks here. For your guess
companies like Colgate and Bata India are the part of these 10 stocks
portfolio.
There is no reason for cheering up for
the nifty no. like 8,000, 10,000 or 15,000 if you do not make profit or create
wealth. If anyone interested for investment in companies through direct mode I
am always available to you. For getting the personal advice you can mail me on arvind.trivedi79@gmail.com or call me on
09892724426.
If you want more information
regarding investment or you have any other query about investment feel free to
ask us.
Warm regards,
Arvind Trivedi
Certified
Financial Planner
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