Hi, I have 50k Indian rupees saved, i want to buy some Indian shares for long term. I am confused a lot. I think the share of suzlon which was over 1000 rupees about 18 months ago is now just 34Rs. Is it better to buy it now in bulk. Or what are the mutual funds from which i can benefit in 1-2 year schemes. Also can anyone share some best shares to buy in bulk for long term on BSE. Thanks in advance..
Better you invest your money in any bank's FD for safety. Keep away yourself from this stock market DON.
If you are looking for total safety and steady growth , go for bank investment . If you can risk a bit and expect good gains then invest in any reputed company --reliance, Tata tele, Tata, Dlf. At this moment if you can hold them for a while, it will be profitable.
Take a note :::: and keep it Buy Hindalco this could give 100% return in less than 6 months Buy ICICI Bank at 300-320 level after elections it could easily very easily jump to 500+ Also keep an eye on Tata Motors this is an excellent share buy @ 130-150 - Target of 300+ after Nano launch or if not than after elections. Hope this helps...
I think suzlon had a split... Still, it is a good share... You can buy yesbank , GMR infrastructure if the long term you are thinking is of is at least 2 years.
Another thread on the same topic and the investment amount is also the same, 50K. Surprisingly, people know that share market is not doing well but they still want to invest money. Take my friendly advice and put this money in FD's or NSC. At least the money will be safe and sound.
^^^ We are taking long term investments here.... The price of some shares are very very low now that they will have no chance of getting worse and will obviously have to increase in a couple of years at least....
that's because the best bargains are available when no one wants to buy stocks.... right now, valuations are so low that a few stocks are actually available at less than their cash-per-share values.
Guys, Whatever you say, share market is still gambling. Very few people have been able to make their fortune with share market while others have gone bankrupt. If I would have that money, I would prefer securing it instead of investing it in share market.
only those people go bankrupt who can't manage their risk. if you put 10% of your savings in stocks, you can't go bankrupt.....even if all stocks go to 0. the sin isn't buying stocks, but the sin is putting too much money in stocks. right now interest rates are high and fixed deposits are giving good returns, but once the economic growth slows down and inflation stabilizes, interest rates would fall to less than 5%...even on fixed deposits. at that time, people would have to look at the stock markets to get a decent return from their savings.