Please assign a menu to the primary menu location under MENU

Saturday, May 10, 2025
Cash Insight
  • Currencies
    • Investing in Currencies
  • Stock Market
  • UK Property
  • USA Property
  • Upcoming Investments
HomeStock MarketStocks to buy: Experts recommend these 10 shares to buy on Monday
Stock Market

Stocks to buy: Experts recommend these 10 shares to buy on Monday

1 year ago


Stocks to buy: As the Indian stock market is facing challenges from the domestic and global developments, a smart investor would look a this stock market crash as an opportunity for the bottom fishing. As the selling has taken place across segments and sectors, a smart choice may generate whopping returns beating the indices and other peers. To answer this tricky choice, stock market experts said that the oil and gas, banking, and IT sector looks promising from a valuation perspective and one should look at finding a value pick from these segments. However, they said that some steam is still left in the PSU segment.

Segments with higher potential

Asked about the segment or sectors that may outperform the index return over the period, Manish Chowdhury, Head of Research at StoxBox said, “We like stocks in the oil & gas and banking segment as we find valuation comfort in these segments with multiple numbers of near-term tailwinds.” The StoxBox expert said that some steam is still left in the PSUs segment saying, “All PSU stocks should not be looked at with the same glass as selective opportunities still exist in this segment. But, one should enter PSU basket in a staggered manner and have a medium to long term horizon in the space.”

Batting in favour of the IT segment, Saurabh Jain, Vice President — Research at SMC Global Securities said, “The US economy has shown some resilience in the last few quarters and it is getting reflected into the deal wins by the Indian IT companies. This rise in the rate of deal wins by Indian IT companies is now expected to be reflected in the balance sheet of the Indian IT companies. So, the current stock market crash should be seen as an opportunity by the long-term investors. However, I would advise them to look at the large-cap IT stocks as they are expected to win a majority of the deals in the US and the European markets.”

Shares to buy on Monday

On shares to buy today for long term for the long term, Sandeep Pandey, Founder of Basav Capital said, “In PSU banking segment, long-term investors may look at buying SBI, Canara Bank and Bank of Baroda shares whereas in the private bank segment buying ICICI Bank and Axis Bank could be a good move in the falling Indian stock market. In the oil and gas segment, buying ONGC share price looks attractive at current level.”

Sandeep Pandey of Basav Capital advised long-term investors to buy Hindustan Aeronautics Ltd or HAL share price if they want to invest in a PSU stock.

IT shares to buy for long-term

Sharing a list of IT stocks for the Indian stock market investors, Saurabh Jain of SMC Global Securities said, “One should look at buying TCS, HCL Tech, and Wirpo shares in this stock market crash.”

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making anyinvestment decisions.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!

Topics You May Be Interested In



Source link

Tags :Axis Bank share priceHAL share pricehcl tech share priceicici bank share pricePSU stocksShares to buy for long termShares to buy todaystock market newsStock market todayStocks to buy todayTCS share priceWipro
share on Facebookshare on Pinterest
add a comment

Leave a Response Cancel reply

D.PatrickMarch 17, 2024March 17, 2024
sentiment indicators: Stock market psychology and behavioural finance: What investors should know
What the average UK house price will buy you in Bristol right now

You Might Also Like

Stock Market

India-Pakistan war buzz: Sensex tanks 880 points, Nifty 50 near 24K; why is Indian stock market falling? 5 key reasons

10 hours ago
Stock market today: Despite showcasing resilience against the India-Pakistan war buzz, the Indian stock market witnessed sell-off pressure on the...
Stock Market

SoundHound AI Stock Sinks 8% as Revenue Misses Wall Street’s Estimate. Is SOUN Stock a Buy?

12 hours ago
In the first quarter, the AI-powered voice solutions provider continued to post strong revenue growth, but its sizable losses also...
Stock Market

Palantir Stock Is Up 1,000% in the Last 3 Years. Can It Hit $1 Trillion by 2030?

16 hours ago
Palantir (PLTR -1.49%) delivered another blowout earnings report on Monday. The company posted its seventh consecutive quarter of revenue growth...
Stock Market

Dow drops more than 100 points Friday as investors await US-China trade talks

17 hours ago
US Stock Market Highlights: The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key...

latest updates

Upcoming Investments

Firm connects Nigeria’s investors to $217m US real estate portfolio

29 minutes ago
UK Property

The UK’s sunniest ‘hotspots’ where Brits can save £800 a year – full list of top 20 | UK | News

1 hour ago
UK Property

Centrick at 20: Celebrating Two Decades of Property Expertise

6 hours ago
Upcoming Investments

My 5 Biggest Dividend Investments I Trust With Half Of My Net Worth

10 hours ago

find us on socials

popular updates

New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico

1 year ago

Stock Market Live Updates: Indian equities await interim Budget moves amidst global uncertainty

1 year ago

Stock Market Live Updates 23 April, 2024

1 year ago

latest updates

Firm connects Nigeria’s investors to $217m US real estate portfolio

29 minutes ago

The UK’s sunniest ‘hotspots’ where Brits can save £800 a year – full list of top 20 | UK | News

1 hour ago

Centrick at 20: Celebrating Two Decades of Property Expertise

6 hours ago

random updates

How to watch Deb’s House in the UK on ALLBLK

11 months ago

4 Best Cryptos to Invest In Right Now

2 months ago

The FX Phoenix has Risen From the Ashes

1 year ago
  • Contact us
  • Terms and Conditions
  • Privacy Policy

Copyright © 2023 Cash Insight. All Rights Reserved.