Latest News
-
Rs 40/Share Dividend: Small Cap Under Rs 100 To Hit Ex-Date In 4-Days, Gains 74.21% In 1-Week -
1:2 Bonus, Rs 401/Sh Dividend; Tata's NBFC Stock Falls On Big Update Related To Dividend Recommendations -
Crude Oil Prices Soar 4% Amidst Rising Middle East Conflict; Brent Surges Past $90 A Barrel -
Bloodbath In Stock Market: Sensex, Nifty Crashes By 1% On April 19; 10 Key Points Here -
Black Friday For Market? Sensex & Nifty Decline For The 5th Straight Day Amidst Rising Geopolitical Tensions -
Rupee Falls To Record Low Against US Dollar As Israel Strikes Iran -
Adani Ports: Why Adani Group's Cash-Cow Stock Falls Amid Israel-Iran Conflict? Explained! -
Iran-Israel War: How It Impacts Nifty, Sensex And Indian Rupee -
Rs 5/Share Dividend: Record Date In Due Course; Buy The Capital Goods Stock? -
Stocks To Buy: 2 Trade Calls By Chandan Taparia of Motilal Oswal On Friday, 19 April
New To Stock Investing? Try These Shares
In 2008 at the height of the global economic crisis, investors who had very little knowledge on stocks went berserk buying into stocks and ended-up with huge losses. Since than, some of them have never recovered and no longer invest in stocks.
We suggest that newcomers should buy into quality stocks with strong businesses, to build investing confidence. Here are a few shares that those new to investing can buy.
ICICI Bank
A new bank today may not be able to build a franchisee like ICICI Bank, which has near 4500 branches across the country. Its shareholding in subsidiaries like ICICI Prudential and others itself is almost worth Rs 35,000 crores.
The share prices has almost doubled in the last 5 years. At Rs 262, the shares are slightly expensive. If you get the share around the Rs 230 levels it could be a good pick.
ITC
This is a company that owns ITC Hotels, makes paper boards, makes Wills Cigarettes and also owns FMCG brands like Sunfeast, Vivel, Ashirwad, Bingo and even a stationery brand like 'Classmate'.
For those new to investing, it is a solid company to invest in with solid brands. Like ICICI Bank, the stock has doubled in the last 5 years. Could be a good bet at around Rs 330 levels.
SUN TV Network
This company runs the Sun range of channels and has a dominant share in the South Indian markets. Again a great business to own.
The shares have given a whopping returns of almost 25 per cent each year in the last 5 years. There is scope for future returns and new investors can buy into the company.
Larsen and Toubro
Again this is a share that has given superb returns in the last 5 years and its a great business to own.
The company has a dominant share in every business including engineering construction, infotech, real estate and finance. We believe that should the markets fall , investors would not burn their fingers too much in the shares.
Coal India
This is a monopoly business with Coal India having the finest coal blocks. The company is a debt free, cash rich company, which gives a dividend yield of almost 3 per cent. Again, we see little risks for new investors in this stock.
Axis Bank
Axis Bank, like ICICI Bank has a very solid network. However, in terms of non performing assets, the company's performance has been much better than ICICI Bank.
The stock has rallied in the last few months. So, you should buy it only on dips and not at the current prices.
NMDC
NMDC like Coal India is a cash rich divided paying company.
In fact, the dividend yields for the stock is a cool 8 per cent, which is more than bank interest rates. We suggest buying the stocks closer to the Rs 90 levels for higher dividend yields.
