Hey All,
Todays post is around the Stock Market 101 series and we would be looking into some of the Indian companies which has made it to the $100+ Billion dollar CLUB. It would be interesting to see if you #hodl shares of these companies and what is your overall strategy when it comes to picking stocks. Penny Stocks Vs Blue-Chip Stocks? What's your preference here. Overall the financial stock markets has been in RED for last couple of trading days and today it even gets worse for the Indian Stock Market, where SENSEX has crashed over 800+ points and almost all the stocks are trading in the red, indicating a broad market sell-off.
Lets have look at the list of Indian companies in the elite $100 Billion club and their market cap.
Now coming to the investment part, let me start with my stock portfolio then I must say that I do #hodl stocks of Reliance and ICICI bank here but not to a great extent. Overall investment in these stocks would be around Rs.50K+ only i.e. approximately $600+ USD. Right now I have no plans to invest further, as the market has been taking a beating. Once market stabilizes than I plan to dollar cost average of Reliance and ICICI bank and maybe even pick some shares of Bharti Airtel. Overall my stock portfolio is down more than 15% incurring hefty losses of more than Rs.1.5 Lakhs and this is all due to the downturn in the entire financial market across the globe, driven by factors such as inflation concerns, geopolitical tensions, and economic slowdowns. So my suggestion for time being would be not to invest or dollar cost average right now. Let the market to stabilize a bit and then get into action and look for opportunities to pick up undervalued stocks and diversify your portfolio. Ok I guess this should be it for todays post on the Stock Market 101:: $100+ Billion Dollar CLUB Indian Companies - Do you HODL Stock of these Companies?. with real time examples. I will be sharing more of these examples and insights in the upcoming posts to help you navigate the market more confidently. Stay tuned for more tips on making informed decisions and maximizing your returns.. Happy Investing... cheers
#stock #stockmarket #nse #bse #reliance #tcs #bank #bhartiairtel #hdfc #icici #investment #finance #strategy #sensex #indiastockmarket
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Short term Vs Long Term? Do you #hodl any of the stocks from the above listed companies that are in $100+ Billion CLUB? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha, INDMoney
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.
