Continued Mubin Panjwani's Report card of Global Economy & India in particular (Part 2)

Jan. 14, 2011 - PRLog -- Equities

With the recent market fall, many companies have become very attractive to purchase. However we feel that the markets may fall a bit more. If 5685 is taken out on lower levels then markets may reach its previous band of 5300-5700.

In this market one should go for more safety and dividend paying stocks. Safety is not a measure of the value of market cap of a company. For example SAIL recently reported 34% dip in profits even after being a major steel player. What is required now is being vigilant and a bit of common sense to keep you protected and gain from the reversal.

In my study I have shortlisted dividend yield stocks which have returns over the savings bank account rate (3.5%) and that too this return is tax-free unlike the interest form savings bank accounts. To know more about this list does email your inquiry to famsapl@gmail.com.

I am cautious on banks, autos and real estate in short term. IT, commodities and consumption story looks bright for the short term.

I would like to thank you sir for sharing your views on the same. We would now let you get back to the markets and hope to catch up with you soon.

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About FAMS - Financial Assets Managed Simply™ (FAMS Advisors Pvt. Ltd)

Financial Assets Managed Simply™ (FAMS™) is a fast growing financial services company established on the basis of trust and wealth creation for all, offering asset management and research services to help maximize returns from the stock market and minimize risks. It is headed by value based proprietary investor Mubin Panjwani who has been a fundamental value investor in the Indian capital market since many years.