look news india
With the voting percentage being low, there is now an atmosphere of uncertainty in the stock market. Thus, while experts are confident of the victory of the BJP led by Narendra Modi and its return to power, speculations are rife over the margin of victory of the ruling party, making volatile sessions common, leaving enough cash stuck with risk-conscious investors to wisely protect their portfolios with ballot-proof stocks during market fluctuations. Amid this scenario, experts have shortlisted 39 stocks for a ballot-proof portfolio.
AHDFC Bank, Coforge and Vodafone Idea have been selected by an expert in the ballot proof portfolio. HDFC Bank and Coforge are both underperformers, but their fundamentals point to upside. Another market expert has placed his picks on L&T, BHEL and Amara Raja Battery.
A brokerage firm has termed 35 stocks from Fast Moving Consumer Goods (FMCG), Auto, Healthcare, IT Services, Bank, Capital Goods, Commodities, Consumer Durables and Telecom sectors as safe from the election results.
Let us tell you that due to the current Lok Sabha elections, volatility has increased in the stock market and the stocks mentioned here and the stocks of the related sector are considered good by experts for safe investment.
