High Return Stocks: In just 245 days, the Sensex touched the figure of 50 thousand to 60 thousand. At the same time, Nifty has also gone beyond 17900. In such a situation, let us know which stocks can give you tremendous profits.
New Delhi: High Return Stocks: Sensex has set a new record in the world of business today i.e. on 24th September. In just 245 days, the Sensex touched the figure of 50 thousand to 60 thousand. At the same time, Nifty has also gone beyond 17900. In such a situation, now investors are a bit confused that where to invest in this super rally? Will rising stocks give better returns or should the focus be on underperforming stocks, or is it better to go on a defensive theme now?
invest money wisely
According to Jagdish Thakkar, Director, Fortune Fiscal, the participation of small investors in the market is increasing rapidly. Let us tell you that at present the number of investor accounts on BSE has exceeded 8 crores. Which were around 5 crores 16 to 17 months ago. At the same time, apart from the global factor, FIIs and DIIs are also investing their money in the market openly, and that is why it has picked up.
Jagdish Thakkar said that there is a concern about valuation at this time, but there is no problem for long-term investors. But, investors should not invest in the present time without understanding. Despite the high valuations, there are still many quality stocks in the market, which have better fundamentals. However, the sector, which is considered defensive now, can be turned.
market as repricing
According to Sandeep Jain, Director of Trade Swift, this bullishness of the market should be taken as repricing. There has been a tremendous boom in the stock market, so only a defensive theme is better. Pharma, IT and FMCG sectors can be trusted. Many stocks in the pharma sector have been underperformers even in the bull market, while their fundamentals are good. In such a situation, Sandeep Jain says that at present, ITC, Navneet Education, Infosys, Cyber ​​Tech Systems, Cipla and FDC are looking more attractive.
These sectors can also do rich
Apart from pharma, IT and FMCG, stocks related to capital goods, infra, auto ancillary, textile, energy and oil & gas can also be focused. There are many stocks in these with great fundamentals and attractive valuations. Sectors related to the unlock theme can also become winners in the future. Just keep in mind that for now choose only quality shares.
Sensex Journey
Beyond 1000: 25 Jul 1990
Beyond 10000: 07 Feb 2006
20000 Beyond : 11 Dec 2007
Beyond 30000: 26 Apr 2017 Beyond
40000: 03 Jun 2019 Beyond
50000: 03 Feb 2021
Beyond 60000: 24 Sep 2021
