‘Can I invest in the stockmarket now?’

As the bellwether BSE Sensex and NSE Nifty trade above all time highs, readers worry about the stocks they should buy, hold or exit now.

Ajit Mishra, vice president, Research, Religare Broking, answers your queries:

Alok Nigam: Have PEL @1367 Qty-700. Kindly suggest what to do?

Ajit Mishra: Hold the stock for long term

Nikunj Vedak: Kindly guide regarding following holding. If you can suggest I can add/average or replace the stock. My horizon is more than 10 years.

Ajit Mishra:

vishal vats: I have these shares. Should I sell both of them or hold.

Ajit Mishra:

Axis bank 70 shares @462.50: Hold

BHEL 145 [email protected] 38.16: Exit

R J Palat: Need your advice on the following holdings and what more should I invest for 2-3 years, and for 5 lacs? Await your directions

Ajit Mishra: Apart from your portfolio, you can further invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers and Dabur. Buy the stocks in a staggered manner for the long term.

Uday Kiran: I have bought these shares. Please say your feedback sir regarding these shares.

Ajit Mishra:

ABHIJIT ZENDE: I hold 1000 shares of Jain Irrigation Systems shares @ Rs. 31.19. Please advice if I should exit or average it and then exit. Thanks for your valuable guidance.

Ajit Mishra: Exit the stock

mohit makwana: I have invested in following companies. Plz let me know which stock to hold and which one to exit.

Ajit Mishra:

Anujam Venketesh: I hold below shares please let me know your opinion. I can hold for decent time but want to invest more money in shares however cannot as all above shares stand still whether market up or down. Please suggest

Ajit Mishra:

wadawadagi c m: Sir please advise for long term investment.

Ajit Mishra:

: Hi. I got your reference from my friend. I am sharing my portfolio. I want to invest 2,00,000/- more for 6 months. Please guide me further, what to do? Hope for your support.

Ajit Mishra:

You can further invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers, Kansai Nerolac, Sudarshan Chemical and Dabur. Buy the stocks in staggered manner for long term.

Tanmoy Sarkar: Request your views on following shares for a long term (3+ years. Apologies for a little long list.

Ajit Mishra:

Tapas Guin: Currently, the stock market is on upward trend. As per reports, the market is due for correction. At this level is it feasible to invest in the market?

I seek your kind advice in the matter. Also let me know at what level it will be prudent to invest. I prefer to invest only in fundamentally strong stocks for a minimum period of 3 to 4 years. Shall be grateful should you refer 4 to 5 fundamentally good stocks other than B2 and H2 stocks. Thank you and looking forward to your kind reply by return mail as per your convenience.

Ajit Mishra: You can invest in stocks such as Bata, Britannia, Bharti Airtel, Ashok Leyland, Crompton Consumers and Dabur, Kansai Nerolac, Sudarshan Chemical, HDFC AMC, ICICI Bank. Buy the stocks in staggered manner for long term.

Ananth Jadi: I have below shares on hold and in loss. Can you please suggest whether to Hold or wait or sell? 

1. Adani Green – 120 No.s @ 404

2. Brightcom Group Ltd. – 2000 No.s @ 12.22

3. Mittal Life Style – 100 No.s @ 153

Ajit Mishra: Exit all the stocks

Korah Paul: Following your stock advice for beginners. Thank you for all the inputs we gather from your advice.

My current investment is stocks are in:

Ajit Mishra:

3 points I seek from you.

1) Stock to exit, hold, accumulate? 

2) Should I reduce my portfolio? 

3) Any new stock you advice to buy from a minimum of 1-year perspective. Thank you sir once again.

Ajit Mishra: You can invest in stocks such as Bata, Britannia, Crompton Consumers, Kansai Nerolac and Sudarshan Chemical. Buy the stocks in staggered manner for long term.

ankur: I would request you to please advise on following stocks which I am holding. As an investor coming from a service background I have invested my savings into shares keeping in mind that I want to exit market in next 3 months by November or December… please suggest shall I hold on to these or sell.

And if possible what shall be the appropriate selling price for these shares.

Ajit Mishra:

Rajendra Singh: I own the following shares kindly suggest the course of action.

Ajit Mishra:

sneha jamgade: I am holding 60 shares of DLF bought at Rs 160.90 level. Kindly convey your opinion on the same.

Ajit Mishra: Exit the Stock

Please mail your questions to [email protected] with the subject line ‘Ask Ajit’, along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

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