Dear Readers,
Union Budget 2016-17 is focused on regeneration and growth of complete Indian economy. The government has shown firm commitment to raise the lagging sectors like agriculture and infrastructure development. It will substantially help to boost the cement, construction, steel, CG, FMCG, T&L sector and same time it will create sufficient employment. There is substantial 15% increase in budget for FY 17 and commitment to keep the fiscal deficit 3.5 %. It will ensure the stability of Indian economy from external factors. FM has taken all the measures to counter the rural slowdown due to poor climatic condition during last two years and to ensure the rural and urban growth at same pace. Even double digit growth is also quite possible in next 1-2 years if condition remain little favorable with normal monsoon, pick-up in rural demand and lower commodity prices. Industrial growth with go up itself with revival of rural economy. Budget offers separate allocation to tackle the NPA issue of banking sector so nothing to worry much about it and all fundamentals of Indian economy are intact.
Overall budget is not favourable for any specific stock or sector but it is very good for complete stock market and economy. It is good for all. Market is giving good opportunity to pick the quality stocks for long term investment.
In the series of Best Stock Picks next stock will be posted before 08.03.2016. There will not be any clue to guess the stock.
Next stock is having very strong fundamental and in niche business with high entry barrier. It can give good return in short term as well as in long term. It is trading in three digit price range.
Excellànt post on budget madam very clear and understandale for common people.
ReplyDeleteRegarding your next stock you mention from nich business with high entry barrier, can you pls.let us know what wxactly it atands for. Thank you so much and god bless you.
Company specialising in a particular type of product or service, which is most suitable business for the company " niche business"
DeleteSounds good Mam. Thank you.
ReplyDeleteThanks mam for the update.
ReplyDeleteThank you Ma'm, waiting for the next stock..
ReplyDeleteThanks Mam for the post.
ReplyDeleteHi mam very good morning.
ReplyDeleteAs per budget,100% FDI allowed in food processing, and good to agri sector also . Is it benefit for both waterbase and future consumer enterprise .
Yes, It can be beneficial for WB
DeleteHi Mam,can I enter in waterbase at current levels(70-80).Is it good entry level?
ReplyDeleteActually 63 - 65 one week ago was the best level to enter. Still if you have the patience to hold at least for 2 years then you can buy it.
DeleteHonourable mam,
ReplyDeleteThis is the first time I m writing something in this blog as I m quiet impress with the research and good deeds for new investors.
Mam, I m holding 700 shares of jain irrigation at a price of 102rs since 2014 and now its 55rs...i m in loss as iit was new and it was my first purchase. Gov't will spend heavily on irrigation. Will it benefit to main and how long I have to hold to recover my loss
From,
Shrikant agarwal
Sorry not tracking Jain Irrigation
DeleteMam I m holding 500 shares of spicejet since 2014 at a price of 22rs. now its corrected from 95rs to 62rs. Shall i hold for long term as oil price will be low for 1-2 years or sell
ReplyDeleteShrikant agarwal
Sorry not tracking Spice Jet
DeleteMostly I avoid stocks with such huge equity base.
Could you please tell us the relation between equity and eps
DeleteHello madam,
ReplyDeleteThanx for your stock picks.
Would like to know your view on Meghmani Organics. Is it a good buy at CMP?
Now Insecticide is available at lower price, It is better option in agro chemical sector
DeleteMaam,
DeletePlease tell your view on buying JK Agri Genetics Ltd at current levels
Madam,
ReplyDeleteThank you for your very nice article on budget 2016
It is Very useful and brings good clarity for us
Dolly Mam,
ReplyDeleteFor your next recommendation can you please tell us the price range of the stock 100-150, 200-250 etc so that we can keep funds ready to invest in the new stock. Thanks.
Dear SD,
DeletePlease do not take the clue for stock indirectly. You can keep your funds ready, whatever you want to invest and accordingly you buy. Suppose you want to invest Rs. 10000 and share price is Rs. 999, You can buy 10 shares and if price is Rs. 100, you can buy 100 Shares. I hope that this satisfy your query.
Thanks & Best Regards,
It is below 300
DeleteThanks Dolly Mam.
DeleteThanks for providing such a lean and fine analysis. I am holding TataSteel at 320/-. Should I hold?
ReplyDeleteSorry not tracking Tata Steel
Deletethank u very much . mam :-)
ReplyDeleteMam your biew on adore welding please
ReplyDeleteSorry not tracking Adore Welding
DeletePlease suggest one stock among your picks that can give good return after year end result that is within 03 months other than your next suggestion which you will publish in march..
ReplyDeleteDear Somsubhra, This blig is all about wealth building and long term investments. Dolly ji has mentioned this over and over. If you are looking at short term investments or for trading then this blog may not be a right place for you. No one can predict short term share price movements. You invest in the business and give that business some time to perform and see the results otherwise you will be purely speculating. I hope it helps.
DeleteThanks and regards,
Madam Ji
ReplyDeletefor market analysis except NSE , Moneycontrol what are the other best websites you read to recommend for the news & update, features
Thanks
NSE and Moneycontrol are best...but other best website can be 'http://dolly-bestpicks.blogspot.in'
DeleteCheck Reuters.in
DeleteMam,
ReplyDeleteYour view on pincon spirits. I would like to do SIP in this.
Thanks
Sorry not tracking above stock
DeleteHello mam,
ReplyDeleteCan i hold Nilkamal for longer term ? I bought it at rs. 250
Sure, you can hold it for further gain.
DeleteThis comment has been removed by the author.
ReplyDeleteMadam
ReplyDeleteYour view on TVS motor Co
Thanks
Sorry not tracking TVS Motor
DeleteMadam is this is a relief rally,if not then why small ccap recomended by u are not moving largely?
ReplyDeleteNow it will start moving. Generally small cap are moving after large cap.
DeleteMaam,
ReplyDeleteWhat does this budget offer for shipping ? Old economy stock such as Shipping corporation of india is trading at very attractive valuation. With low oil prices and bounce back in baltic dry index, do you think this can be a future wealth creator ?
Most of PSU stocks are trading at very attractive valuation but investors did not find it attractive.
DeleteThen isnt it a good idea to take position in such stocks ?
DeleteDolly ji I have power finance since last 8 years, @ 180, now is it right to average the same for next 1 year ple suggest.
ReplyDeleteSorry not tracking any banking or NBFC stock.
DeleteMadam Ji,
ReplyDeleteI lost so much money in stock market - Due to exicitement - And buying at early hours like 9.30 to 10.30. But after closing the day my price seems higher than the close price of the day.
Is there any time prefered for buying in a day ?
Or is there any time we should avoid buying in a day or we should be cautious on the day ?
It will be very useful and avoid my losses if you answer for the above
Thanx
Dolly Ji
ReplyDeleteWhat is mean by fall in market & Fall in share price ?
What is the percentage level refers to the word "Fall"
it is 10 % or 20 % or 25 % from the current level if not 500 points, 600 points.
otherwise downfall in 4 to 5 trading sessions ? in general how many markt session to watch for - For the word "FALL" ?
This qn i am asking to add & increase my level in fall market .
Please help Madam
Thank you ma'am for nice article. God bless you.
ReplyDeleteDolly Mam,
ReplyDeleteIn this budget govt has laid emphasis to housing for all. So construction industry and ancillary arms will do well. Can you suggest any good Infra Stock? How is Nila Infra. Please suggest a stock in Infra Space. Thanks.
Good evening ....i m into day trading but holding this stock from last 6 months in short term can i expect the price to go around 350 -400
ReplyDeleteMadam, do you track pharma space - Any views on Anuh Pharma?
ReplyDelete