Which Are The Best Stocks To Buy Now In India?

MUMBAI, India - Oct. 7, 2019 - PRLog -- When it comes to stock market investment, many investors are confused about the best stocks to buy for maximizing their returns. Over the last 6 months, stock markets in India have witnessed huge volatility. After a lull period post IL&FS saga in September 2018, the stock markets touched new highs of 40,000 riding on the Modi led NDA 2.0 wave in June 2019 but is now fluctuating between 37-38k levels.

However, as a smart investor, you can capitalize on this stock market correction and use it as an opportunity to create wealth by investing in the best stocks to buy which are currently available at an attractive valuation.

Here are a few sectors where one can find the best stocks to buy:

Infrastructure Sector

Infrastructure development has been one of the top priority of Prime Minister Narendra Modi led NDA 2.0 government with a massive allocation of 100 crores for next 5 years. This massive push in infrastructure development focused on building smart cities, highways, roads, bridges, flyovers, ports, railways, airports etc. will immensely benefit top infrastructure companies in India like L&T and IRB Infra developers. So when looking for the best stocks to buy, investors should definitely look at the infrastructure sector.

Automobile Sector

Automobile sector is facing a slump now but it is temporary. With the increasing disposable income, the demand for cars will increase with each passing year. When searching for the best stocks to buy for long-term investment, investors can definitely find some gems in the automobile industry which are currently trading at attractive valuations.

Fast Moving Consumer Goods (FMCG) Sector

There are many consumer goods which have been in demand from ages now, and the most common example of such brands are Nestle, Hindustan Lever, ITC, Parle, Britannia etc. whose products are quite famous in every household. These products have created a goodwill for themselves in the mind of customers and have consistent brand loyalty amongst the consumers in both urban as well as rural areas. Even during a slowdown when people may stop buying cars and two-wheelers, the demand for FMCG products will never cease. So there is further growth possibility for FMCG companies which means investors looking for long term investment can definitely find some of the best stocks to buy in this sector.
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