Best Stocks Best Stocks 2022: Kishor Ostwal, CMD, brokerage firm CNI Research believes the recent recession has presented a great opportunity to invest in the stock market. Ostwal also claimed that even after the rise in interest rates, the market will now recover.
Best Stocks 2022: Stock markets around the world are now on the cusp of selling. Indian stock market is no exception. Factors such as strong sales by foreign investors (FPI), rising inflation, fear of recession, etc. do not give the market a chance to recover. Both BSE Sensex and NSE Nifty are still trading under pressure. The Nifty has lost nearly 4 percent in the past five days. So far this year, the Nifty has broken around 2000 points or 11 percent.
Due to the continuing decline, many investors are panicking and selling their holdings. However, many experts see this drop as a good opportunity to buy quality stocks. He thinks it’s time to catch up and buy new ones.
Kishor Ostwal, CMD, brokerage firm CNI Research believes the recent fall has presented a huge investment opportunity in the stock market. Ostwal also claimed that even after the rise in interest rates, the market will now recover. He said there are many sectors right now where buying the best stocks can provide good returns in the future. He said buying stocks related to sugar and wheat is a bargain. He also mentioned five stocks in which investing now might be the way to go.
Best Stocks New Update 2022
TitanThe shares of this Tata group company have marginally strengthened in today’s trading. However, it has decreased in the past five days, a month, six months and so far this year. The stock has lost nearly 10 percent in the past six months. Prices have fallen by more than 16 percent since January this year. Its 52-week high is Rs 2,768 while it is currently trading around Rs 2,100 (Best Shares). This makes the stock a favorite in the ‘Buy the Dip’ list.
Asian Paints: The price of this Blue Chip stock has fallen to Rs 1000 from its all-time high. This stock once peaked at Rs 3,590 but is now trading around Rs 2,650 (Best Shares). So far, the price has fallen more than 22 percent this year, while it has fallen 19.50 percent in the past six months. The stock itself lost more than 11 percent in the past month.
infosys India’s second largest IT company Infosys Limited is an investor favorite. Even today, the stock of this IT company is down about 1.50 percent and it is about Rs 1,420. At one point, the stock had peaked at Rs 1,953.90. Shares of Infosys (Best Shares) have fallen more than 25 percent since January this year. Likewise, it has declined by about 18 percent in the past six months.
renuka sugar Sugar prices have risen the most after wheat in the current era of the global food crisis. For this reason, the Indian government has also banned the export of sugar after wheat. The government wants sufficient availability of sugar on the domestic market and does not raise prices. Aside from the government’s focus on ethanol, the best stocks of Chinese companies are showing brighter prospects for the foreseeable future. Today, the price of this stock is about 50 rupees with a strength of about one percent. This is also about 23 percent lower than the high.
CellSteel Authority of India Limited is counted among the Navratnas. Changed geopolitical conditions have also increased the importance of metals, especially steel stocks. The government has increased import duties to push down prices on the domestic market. In the current business, the price has also fallen by about one percent (Best Stocks). On the other hand, the price has fallen more than 50 percent since its high. Once it hits Rs 145.90, the stock is now trading around Rs 70.
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