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Which Is The Best Bet In The Auto And Real Estate Space? #AskBQ

AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment choice in the equity market.

In today’s episode, Brijesh Jain of Stock Axis and Sandeep Jain of Tradeswift Broking gave their views on Maruti Suzuki, Tata Motors, Rain Industries, and many more.

Watch the full conversation here:

Here are the edited excerpts of the interaction:

Saurabh: I bought 190 shares of Rain Industries at Rs 335 with a long-term view. Should I hold or sell?

Sandeep Jain: The investor can hold on to the stock with a target of around Rs 450.

Ram: Is it the right time to invest in Network 18 and 20 Microns with a short-term view? Is it advisable to enter the counters at current levels?

Brijesh Jain: The investor can buy Network 18 at around Rs 53 and hold with a target of Rs 59 and stop loss of Rs 45. However, TV18 Broadcast would be a better pick in the media space. I would advise the investor to avoid 20 Microns.

Arpit Maheshwari: Which stock between Arvind Smartspaces and Capacite Infra is a better bet with a long-term view? Is there a better option in the real estate space?

Sandeep Jain: In the real estate sector, one can look at Ashiana Housing, which is poised to benefit from government initiatives. Mahindra Lifespaces is another stock that can be invested in, because of good management pedigree.

Gaurav Garodia: I bought Balrampur Chini at Rs 120. What should I do?

Sandeep Jain: The investor can hold on to the stock, considering that it has already corrected to this extent.

Nikhil Gande: I bought Voltas shares at Rs 645. Is it advisable to hold for a short-term?

Brijesh Jain: The investor can hold with a stop loss of Rs 610, and can accumulate on dips.

Anantha Venkata: Is it advisable to buy IIFL Holdings at current levels?

Brijesh Jain: I would advise the investor to wait and invest at around Rs 700, with a stop loss of Rs 680.

Ashish Malik: Should I hold 156 shares of Maruti, bought at Rs 8,400 for short-term?

Brijesh Jain: I would recommend the investor to book partial profits, and keep a trailing stop loss of Rs 8,635 for the rest of the shares. The next level to book profits would be around Rs 9,100.

Saurav Kumar: I need a long-term view on Karnataka Bank, bought at Rs 152 apiece.

Sandeep Jain: One can certainly hold on to the stock. The stock has taken a beating on account of recent developments in the banking sector, but the long-term fundamentals are in place.

Nandkishor Dhawale: Can I average 300 shares of Tata Motors, bought at Rs 388?

Sandeep Jain: The investor can hold on to the stock, and average at around Rs 325 levels.

Abhishek Gupta: What are the best bets in the auto space?

Sandeep Jain: I am very bullish on the two-wheeler segment. Hero MotoCorp is lucrative at current levels. Tata Motors is a good pick too.

Ashwin Mehta: What would be the banking stocks to bet on for short-term?

Brijesh Jain: Federal Bank, with a stop loss of Rs 87, and IDBI Bank, with a stop loss of Rs 55.

Akash Randev: I bought 500 shares of Graphite India at Rs 700 apiece. Should I hold or sell?

Sandeep Jain: The investor can hold on to the stock, as there is likely to still be some steam in the rally.

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Analysts’ disclosure:

  • Both the analysts do not have any financial interests and do not hold any stocks discussed today.

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