Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

Which Is A Better Pick Between MCX And BSE? #AskBQ

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

In today’s episode Ashish Kukreja, managing director, Craft Wealth Management, and Kunal Rambhia, founder and fund manager ,The Streets, share their views on MCX India, Mahindra and Mahindra, ITC Ltd, and L&T.

Watch the full conversation here:

Sandeep Kumar: What is your one-week view on DLF?

Kunal Rambhia: The stock looks good and one should trail the stop-loss. One can keep the stock for a longer period.

Srinivas Rao: I need a two-three year view on KEI Industries and Edelweiss Financial Services.  Should I start buying at the current levels?

Ashish Kukreja: I would recommend one to stay invested in the Edelweiss stock with a long-term view. The valuation and management of the company look great.

Kunal Rambhia: At the current level, I would not recommend one to buy KEI.

Jayesh Tulsiani: I bought 10 shares of Maruti Suzuki at Rs 9,100 apiece. I can hold on to the stock for a year. What should I do?

Kunal Rambhia: With a stop-loss of Rs 8,950, one can go for a long-term investment in this stock. Watch out for the Rs 9,200 mark for this stock.

Ayush Jain: I have 10,000 shares of NBCC at an average rate of Rs 100 apiece for long term. What should I do?

Ashish Kukreja: The corrections have brought the stock in a healthy valuation zone. With a two-three year perspective, this stock will outperform expectations. I would recommend one to hold on to the stock.

Subham Garg: I have 5,000 shares of Va Tech Wabag at an average rate of Rs 605 apiece for long term. What should I do?

Ashish Kukreja: For this sector, I would recommend one to invest in L&T and NCC instead.

Zinal Satra: What is your view on Cadila Healthcare?

Kunal Rambhia: I would recommend one to keep a stop-loss of Rs 335 on a closing basis and hold on to the stock. I would recommend one to invest in Sun Pharma instead.

Nikhil Gande: Is it the right time to enter Voltas and Firstsource Ltd. at current levels?

Kunal Rambhia: I would recommend one to wait for the Voltas stock to cross the Rs 640 mark for a further rally. For the FSL stock, I would recommend one to hold on to the stock for a short-term with a stop-loss of Rs 64.

Dattaraj Naik: What is your technical and fundamental view on Ashok Leyland?

Kunal Rambhia: I would recommend one to keep a stop-loss of Rs 120 and hold on to the stock.

Ankit Mishra: I have 2,000 shares of BSE at an average rate of Rs 905 apiece for long term. Should I hold or sell?

Ashish Kukreja: I would rather suggest one to invest in MCX India instead.

Sudhir Lakde: What is your view on IDBI Bank?

Ashish Kukreja: I would recommend one to firmly avoid the stock. For a banking stock, one needs to keep a two-three year view. SBI and Karur Vyasya Bank are better stocks to invest with a long-term view.

Samuel Thomas: I bought Albert David at Rs 408 apiece. What should I do?

Kunal Rambhia: The stock recently surpassed its all-time high level. With a trailing stop-loss of Rs 475, one can hold on to the stock.

Rishabh Tiwari: I have 500 shares of Mahindra & Mahindra at Rs 640 apiece with a long term view. Should I hold or book profits?

Ashish Kukreja: One can book partial profit at the current levels. One can also look at Magma Fincorp as an investment in this space.

Shashank Tripathi: I bought 500 shares of NIIT Tech at Rs 1,005 apiece. With a long-term view, what should I do?

Ashish Kukreja: One can exit the stock on hitting 5-10 percent gain.

Jotdeep Singh: What is your take on ITC at the current level?

Kunal Rambhia: With a stop-loss of Rs 298, one can continue to hold on to the stock. One can also buy at the current level.

Riddhish Shah: What is your fundamental and technical view on L&T and Arvind?

Kunal Rambhia: For L&T, I would recommend one to keep a stop-loss of Rs 1,245 and buy the stock for a long-term.

I would recommend one to keep away from the Arvind stock. If one is already holding this stock, keep a stop-loss of Rs 385 and sell.

Ashish Kukreja: From a fundamental point of view, L&T is a good stock. One cannot hold these stocks for short-term. One can buy L&T at the current level.

I would recommend one to avoid the Arvind stock.

Analysts’ Disclosure:

The experts may have recommended some of the stocks discussed in the show to their clients.

Disclaimer: The commentary on BloombergQuint represents the view of external experts. Investors are advised to consult a certified financial advisor/planner when making any investments. No views shared on a BloombergQuint program or story or conversation should be construed as personal advice.

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