Top 6 stocks to buy for next 3-4 weeks: Expert Views
Top 6 stocks: Now, India is facing the heat of coronavirus as the number of cases in India is increasing. So far the confirmed cases in India are Six if the cases increase then it will definitely show on India’s economic growth. The Stock market is facing the heat of coronavirus on Wednesday itself.
On Wednesday, both Sensex and Nifty trading bearish trend in the stock market after. The Sensexlost 151.69 points with a 0.39% decrease and reached a 38,472.43 level. Whereas Nifty lost 39.75 points with a 0.35% decrease and reached 11,266.40 level.
However, the experts suggest that the Indian market will down due to the Coronavirus. The market will down to almost 3%-4% if the number of cases in India increases for the next few days, said by Sameer Kalra, Founder, Target Investing.
Besides, the global market is already facing a slowdown in the economy due to the Coronavirus Outbreak. Whereas, the experts suggest selecting these sectors which are likely to give more profits from the next 3-4 weeks.
While the global economy is performing well than what we expected, some of the businesses are performing really well after the Q3FY20. The companies are improving their earning capacity by the implementation of ideas said, the brokerage company HDFC Securities.
Some of the brokerage companies suggest buying these stocks that will give bigger profit than you expect are: Mahindra & Mahindra, Tata Motors, State Bank of India, Axis Bank, M&M financial, Federal Bank, RBL Bank, United Spirits, Symphony, Aditya Birla Group, DLF, Mindtree, Tata Steel, and Bharti Airtel.
Besides, there are some sectors that will give healthy returns in the field of medium to long term sectors. The Brokerage firm Anand Rathi Shares and Stock Brokers suggest Top 6 stocks that will give healthy returns for the next 3-4 weeks.