BSE-NSE Today: The stock market has gradually seen a boom. Today the stock exchange has been traded with a slight increase. At 11.10 am, the Sensex gained 0.16 per cent to 76,658.23 points and the Nifty rose by 0.45 per cent to 23,266.90 points. Many investors have been relieved from the market.
After the slight boom in the stock market, investors have a question that now what shares they should buy. This question was answered by brokerage firm Emkay Global Financial Services. The brokerage firm has advised investors to buy 9 shares.
You can invest in these shares
According to brokerage firm Emkay Global, investors can buy shares of zomato, lupine and Tata Motors in large cap. At the same time, stocks of IndusInd Bank, Escorts and One 97 Communications can be purchased in midcap. Similarly, you can buy stotrafts, metropolis healthcare and Quas Corp in smallcap. All these shares can perform well this year.
The firm believes that this is the share whose valuation has come at the right time. The Reserve Bank of India (RBI) has recently added a liquidity of 60 thousand crores. This investment center reflects the strong intention of the bank. However, it is still only 20 percent of the current deficiency.
Focus on liquidity problem RBI
The focus of the Reserve Bank of India is on liquidity. For this, RBI announced an OMO Oudge of Equities of the Government of India for three installments of Rs 60,000 crore on 27 January. The auction will be held on 30 January, 13 February and 20 February. According to the firm, a strong rally can be seen at the short end with this decision of the Center Bank. This is a major step to overcome the problem of liquidity by RBI.
On January 27, he announced an OMO Oudge of Equities of the Government of India for an amount of Rs 60,000 crore in three installments. It will be held on 30 January, 13 February and 20 February. MK Global Financial said that with this decision of RBI we see a strong rally at short end, because a big step to overcome the problem of RBI liquidity
Disappointing quarterly results
According to the brokerage firm, the results of the third quarter are not good than expected. In such a situation, a brake can now be applied on the earning decline. Amidst this decline, midcap and smallcap price to earning (P/e) remains on high. Currently it increased from 17.8 percent and 17.2 percent to 37.3x and 29.8x.
Disclaimer: This information is only for information purposes and should not be understood as investment advice. It is recommended to consult a financial advisor before making investment decisions.