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Monday, November 17, 2008

How should retail investors approach the market? - Part II

Share Khan

RECOMMENDATIONS HDFC Bank, HDFC Ltd, Bharti Airtel and L&T

“The market is currently in uncharted territory. The environment is still not conducive for aggressive investment. Investors should maintain good cash levels. They should only buy frontline stocks; and it should be purely on the basis of valuations and outlook. We only recommend companies with sound structure, quality management and reasonable leverage on their books.”

India Infoline

RECOMMENDATIONS SBI and Bank Of India

“We’ll not advise investors to buy at this time. They should wait for the market to stabilise a bit, even if it means buying at 5-10% higher price. Investors who are willing to go long term on their investments can go in for FMCG stocks.

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