The Stock Market at 16,000, how to invest?

20 Sep

The BSE has hit 16,000 and it looks from all indications that it will continue on this path to 17,000, so how does one invest at this level.

I believe that in such conditions its better to invest in companies that are good, rather than in the whole index.

There are many sectors that have taken quite a beating and are down inspite of the market hitting new highs, some of these are:

Pharmaceuticals:

Cipla

Pfizer

IT:

TCS

Infosys

All of these have sold off significantly and are at least 20% below their 52 week high’s, making them good stocks for the long term.

 

Visit, www.poweryourtrade.com for tips from trading experts.

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