Investor are adviced not to buy smallcap and some of the midcap stock.
Its better to start buying defensive bluechip stocks like.
1. SAIL
2. NTPC
3. L&T around 2000-2300
4. RIL below 2000.
5. Cipla
6. TISCO below 600
7. punjloyed
8. suzlon
some defensive midcaps at current level are.
1. supreme ind.
2. hcc.
3. cairn india
5. yuken india
6. ramsarup ind.
where dwnside is very low.
Ahmed
Its better to start buying defensive bluechip stocks like.
1. SAIL
2. NTPC
3. L&T around 2000-2300
4. RIL below 2000.
5. Cipla
6. TISCO below 600
7. punjloyed
8. suzlon
some defensive midcaps at current level are.
1. supreme ind.
2. hcc.
3. cairn india
5. yuken india
6. ramsarup ind.
where dwnside is very low.
Ahmed
I second the list of blue chip 1-6. Other two don't know much about. These stocks will add weight to one's portfolio and much needed stability if entered at this level.Can add more in the list.
pankaj