Which company is good for long term investment in India?

Which company is good for long term investment in India?

List of Best Blue Chip Stocks to Consider

Company Name Industry Share Price as of 2nd October (NSE)
HDFC BANK Banking Rs 1,511.70
Infosys Information Technology Rs 1,703.55
ITC FMCG Rs 225.75
Coal India Mining/Minerals Rs 156.10

Which is best for long term investment?

Mutual funds that invest in stock markets are a must-have for long-term investors. Enter the fund with a horizon of at least five years to give the investment an opportunity to record long-term gains. If you are looking for tax benefits, opt for tax-saving mutual funds, also called ELSS or equity-linked saving scheme.

Which are the best sectors for long-term investment in India?

And hence IT stocks can be treated as one of the best sectors for long-term investment in India. Few of the major players like IT Industry like TCS, Infosys, WIPRO, HCL, Tech Mahindra etc has already established a good brand value and created huge wealth for its shareholders.

READ ALSO:   Why is electrolysis not used for oxygen production?

Which is the best stock to buy in India for long term?

List of the 10 Best Stocks to Buy in India for Long Term 2021 Stock Returns* in \% Market Capitalisation (in Cr.) Bajaj Finance ltd. 141.23 3,01,224 Coforge ltd. 93.18 17,067 Infosys ltd. 89.43 5,86,204 Jubilant Foodworks ltd. 83.80 38,620

Are mid-cap it stocks a good long-term investment in India?

Nonetheless, these companies can still be considered as a safe bet for the long term. However, if you want fast-growing stocks with good upside potential, the mid-cap IT industry stocks are an amazing fit for long-term investment in India.

Are You investing in the right stocks for the long term?

When you are investing for the long term, it is of utmost importance to invest in the right stocks and not duds. You want to invest in Reliance Industries and not Reliance Communications. Right. But how do you know whether the stock you are buying is the right one? You must develop your own process that you can follow with conviction.

READ ALSO:   Can anyone wear the Infinity Gauntlet?