“Go for Quality Stock Picks during Covid-19 Crisis without fear”

Indian Investors are stuck up in the middle of panic buying as well as panic selling. Conventionally we look upon market indices as reflection of outcome of the progress on the economy. However those expectations need to be kept aside as we fight out the tough times on account of coronavirus.

Valuations have been crashed during the lockdown and fears of recession fears. Despite this one needs to accumulate fundamental stocks for wealth creation.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

– Warren Buffet.

I would be listing out reasons which could be useful for investors:-

·        Sensex PE is close to 10 year lows is strong indicator for starting buying at dips.

·        Dividend Yield is at reasonable levels is another nudge for looking at buying.

·        10 – year Sensex CAGR is at 15 year low makes time for quality investments.

·        Nifty 50 Trades at around 17 P/E historically has given returns of 60% in 3 years.

·        Few recent IPO Listed stocks have corrected sharply and are opportunity to buy.

India in times to come would be emerging as the new manufacturing hub for the global manufactures. About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based advocacy group has said, observing that there is a fantastic opportunity with firms looking at alternatives to the Communist giant.

The US-India Strategic and Partnership Forum's (USISPF) President Mukesh Aghi said that the companies are talking to them about how to set up an alternative to China by investing in India.

India also is doing extremely well compared to other nations in fighting out Corona which further is great sign for Indian economy. Also the decline in GDP forecast is least for India.

Basis the above we need to keep building up portfolio on quality stocks. Some of the stocks are as below