InvestorQ : Are there any stock fresh buying tips for 16 December? Do you think I should sell out of this market completely?
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Are there any stock fresh buying tips for 16 December? Do you think I should sell out of this market completely?

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diksha shah answered.
9 months ago
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For Wednesday, we are not giving any fresh buying or selling tips in the market. However, traders who missed out on the fall in UPL in the previous week can still buy the stock at current levels for short to medium term gains. Fundamentally, there is nothing wrong and we expect the core agrochemicals franchise to enhance value for the stock.

In the last few days, I have been asking to buy PSU stocks. There is an interesting story building up in PSU stocks and that is a story of low valuations, attractive dividend yield ratios and a margin of safety in these value stocks. That has led to a rally in many PSU stocks and the outsourcing story of Atma Nirbhar Bharat is also likely to boost fortunes of PSU stocks.

In this week, I have suggested 4 PSU stocks; ONGC, IRCTC, BHEL and BEL at various levels. All these are medium term stories and if you have missed out on any of these PSU stocks you can still look to accumulate them at current levels. While ONGC is an oil story, IRCTC is an ecommerce play, BHEL is an outsourcing bet and BEL is a pure defence play in the market.

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