Stock markets are currently hovering around all-time high and offer a good opportunity to investors to make big money in this bull run, if stocks are chosen carefully. The BSE Sensex has risen over 17 per cent so far on the year-to-date basis. The Sensex had closed at 26,595.45 on January 2, 2017 and settled at 31,137.59 level on June 1, 2017. Similarly, the Nifty has also risen over 17 per cent so far on the year-to-date basis. The Nifty closed at 8,179.50 on January 2, 2017, while on June 1, 2017 it closed at 9,616.10.
The fourth quarter earnings of most of the companies have remain a big disappointment and only a few metal companies have managed to turn losses to profit. Demonetisation has dampened purchasing power for FMCG products, whereas slower demand continue to affect consumer durables, two-wheelers and IT players. Most drug manufacturers have fared poorly this time around.
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Whatever be the case, some people feel that as the markets are near their all-time high, it may not be a good time to invest in stocks. However, experts say that is not the case. “While it is true that stock markets have gone up smartly over the last few months, but this is still the beginning of what is very likely to be a multi-year bull run. So while the golden opportunity to invest was in last November when the indices were correcting, but it is still a good time to put your money into stocks, say experts.
Based on the Q4FY17 results announced till 24th May 2017, Anand Rathi has shortlisted stocks of 12 companies which have delivered good performance and whose future outlook also seems more promising. Investors who are looking for better returns may invest in these stocks in a staggered manner with an investment horizon of 12 to 15 months:
* Time frame for investment 1-2 years
*Note : On the basis of Q4 FY 17 Results (For detail Research report & disclaimer please refer to the PDF report send by Anand Rathi Equity Advisory.)
(These stocks have been selected by Anand Rathi. Although due care has been exercised by them while selecting these stocks, investors are advised to consult their financial advisers before investing in any of these stocks)