InvestorQ : Do you suggest adding any fresh stocks on Friday 29 January or do you suggest that I wait for the Budget announcement on Monday?
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Do you suggest adding any fresh stocks on Friday 29 January or do you suggest that I wait for the Budget announcement on Monday?

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diksha shah answered.
2 months ago
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As of now I am not adding any fresh stocks or making any changes to the suggested stocks. Some of the stocks may have fluctuated but apart from Bector, the correction has not been sharp in any other case. I do not see much concern on any of these names. It is better to take a fresh view on the stocks after the Budget. Here is a quick weekend update of stocks.

· Shilpa Medicare given at 460 (CMP- 421) – Hold at Averaged Price

· Manappuram Finance at Rs.173 (CMP-155) – Suggest to hold

· Bectors Foods at Rs.549 (CMP-384) – Average at current price

· Burger King at Rs.171 (CMP-140) – Suggest to hold

· LIC Housing at Rs.433 (CMP-397) – Suggest to hold

· RVNL at Rs.34 (CMP-31) – Suggest to hold

· Trident at Rs.14.50 (CMP-14.60) – Suggest to hold

· GAIL at Rs.141 (CMP-128) – Suggest to hold

· Coal India at Rs.145 (CMP-129) – Suggest to hold

· Piramal Enterprises at Rs.1625 (CMP-1381) – Suggest to hold

· HCL Tech at Rs.985 (CMP-932) – Suggest to hold

· Indiabulls Real Estate at Rs.87 (CMP-77) – Suggest to hold

· ICICI Bank at Rs.547 (CMP-529) – Suggest to hold

· JSW Steel at Rs.382 (CMP-376) – Suggest to hold

· TVS Motors at Rs.540 (CMP-531) – Suggest to hold

· Tata Power at Rs.79 (CMP-78) – Suggest to hold

Regarding the Union Budget, I do expect it to be reformist and try to put more money into the hands of people. It is best to take a fresh view after the budget is announced. This is most likely to be growth oriented and there are some important factors like tax revenues, exemptions, infrastructure spending and fiscal deficit to watch. Let us wait it out.

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