Which are the best Indian Stocks to buy?

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..

 

Suzlon's all time high is 460.

The stock was split into 5 in January 2008.

There are good reasons why the stock is at 33.

Unless you know why a stock is trading at its current price, you shouldn't think of investing in it.

1-2 year is too small a period for investing in stocks...especially considering the fact that the world is facing a severe economic crisis and future is quite uncertain.

Maybe you should consider investing in an index fund for 3-5 years. That should provide you with some decent returns.

 

Friend,

Frankly speaking, I hate share market. Its as good as gambling.

Take my sincere advice and put this money in the NSC and after 5 years you will get the double amount.

 

There are many good A group scrips available.
Mind well this very choppy market.

 

Did you lose a lot of money in stock markets...?

 

Who ever is involved in market for last one year most of the people lost the money.

 

Can you recommend a few scrips around 20-40 rupees range, which can be risk free for 1 year...

Can you pm me more details about NSC,

Thanks.

 

Yes, I know a few people and one of them is in our house and unfortunately he is my bond.

 

Can you please double check on this NSC which doubles your money in five years ?

As far as I know, there are none. To double money with such safe schemes, you need at least 8+ years.

Regards,

RightMan

 

Go to your nearest post office and ask them to give you more information on NSC (National Savings Certificate).

This is the best security in India. Don't trust banks either.

 

First thing there is nothing risk free in stock market.
Do not think the price for buying, think quality.
You can buy small quantity.
I personally like L & T (Please take experts opinion before buying it I will not be responsible for it, the market condition is very bad)

 

I think you can invest in any good company if you are for long term.

 

As I said, invest this money with post office in national savings certificate and you get the money doubled in 5 years.

Once you go to the post office, you will find more details.

 

When did you last pay visit to them and invested yourself in NSC?

The terms stated by you were prevalent about 5-6 years back when interest rates in Indian banking system were high...but no longer...

Nowadays, these instruments offer around 8 % p.a. and to double your money, you need to invest in them for more than 8 years....

Regards,

RightMan

 

I agree with Rightman.
Also PPF gives the return around 8.5% PA, but the interest is exempted.

 

Well, actually I don't remember. If they might have changed the plans, then I am not aware of.

But the best way is to give a visit and find out the details. Even if you say 8 yrs, then also your money is safe and sound.

But I don't think its 8 yrs.

 

Zee and Infosys .

 

As far as I see,its better to go with Real Estates now. Buy some land for 5-8 lacs and sell it to some big man for 20 lakhs and sit for 2 months with TV and movies