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Markets are again reaching high breaking 17000 again. You were keep thinking about getting into market at a better time and it never happened. As markets reached to this high altitude risk becomes even larger. Should I should I not ... and keep asking that question to yourself. Am I missing this ride. My friend made 10 lakh etc.
But here is the deal you have good solid portfolio of fundamentally sound stocks you can still get in there without much risk. Here are some of stocks I am recommending to my clients.
Do your own due diligence before jumping in .
1. Glaxo Consumer (CMP : 1140 ) : A maker of some of the greates and well known brands like Horlicks , Boost, Glucose to health equipment. Glaxo has solid brands and good pricing power. It can raise prices without hearting demand.
2. Castrol India : OIL is like food for automobile and more and more automobile means more oil to change. Castrol's strong brand and growing bike service business will keep you ahead in investing game.
3. ITC : Another FMCG player , good divident.
4. SBI : State bank has market share of 60% in indian banking. It can pcoket 5000 cr more each year by just increasing fees for some of the services it offers.
5. Tata Tea : It still needs to unlock all the value in this stock.