Domestic markets have fallen in line with Global peers, however our economy is far more stable and yet to share similar troubles. We have accumulated huge Foreign reserves to the tune of $ 316 Billion and have a well regulated banking system. Domestic consumption story is very much intact. However, inflation and interest rates remain major areas of concern. RBI has raised rates multiple times to combat inflation but such measures seem to be of less help. With commodity prices falling significantly past week due to fears of deflation in Europe and US, inflation may gradually cool down in India. Crude is down more than 10 % in a weeks time. No matter how strong our economy is fundamentally, mayhem in West will certainly impact India, but with markets at current levels one can accumulate large cap stocks which have sound businesses, quality top management and a clear road map to profitable expansion.
Our experts have identified some Blue Chip Stocks, that are available at very attractive valuations. With a long term horizon of 3-4 years they can yield handsome returns.
A smart investor will buy when valuations are cheap and sell when valuations peak.
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