10 Bargain Buys In Today's Market
Not everything in a bear market
needs to be a bad thing. For some it’s an excellent opportunity to enter the
stock markets especially those who have seen the Sensex scale the heights that
it had during the last few years and had desperately wished to be a part of. Theindiastreet.com
presents a list of 10 companies across different sectors you might be
interested in if you want to invest in the Indian stock market.
The criterion for choosing these
has been made from a strict long term view. They are not the types of stocks to
invest in if you are a trader. They are bargains for those that are willing to
wait and stay invested. Recommendations are not ‘tips’, they have been made on
past performance, company structure, earnings and overall operations.
1.] NTPC: Is India’s largest power generation company and is a public sector company.
2.] SAIL and Tata Steel: Are India’s biggest and most prosperous steel makers. SAIL is a public sector company that is slowly expanding worldwide.Tata Steel is a private company that makes the lowest cost steel in the World.After acquiring Corus last year, it is now the world’s fifth biggest steel maker.
3.] 
ICICI Bank: Is among India’s premier private sector banks. The past few
months have seen the company’s shares plummet due to a weak banking sector worldwide.
A number of rumors have also maligned the company’s image but the company has
emerged stronger and has been supported by the government saying it has enough
capital to move forward.
4.] 
Tata Motors: In the news for the wrong reasons for its Nano, it’s still a
heavyweight that can’t be ignored. The company has diversified successfully
into other auto types including trucks and buses. Its vehicles also have a good
demand from overseas. The next year will see the launch of its Nano.
5.] ABB (India):
Makes power generation and industrial equipment with an expertise
in power distribution. During the years they have also diversified into
creating equipment for oils and fuels. They are also developing a Robotics
unit.
6.] Biocon: 
The research based biotech company is poised for growth in the
coming decade. Known for it’s inventiveness in providing low cost solutions, it
is on track to become a world leader. They are also developing their own drugs
across different genres.
7.] GAIL: 
Is a public sector gas transmission company with an extensive
network of natural gas pipelines country wide. They’ve formed a number of joint
ventures which should hold them in good stead. It’s also shown an increase in its
turnover across each segment from gas transmission to petrochemicals last year
alone.
8.] Bharti Airtel: 
Seventy five million subscribers in the world’s fastest and soon
to be largest telecom market in the world. It is the undisputed leader in
mobile operations across the country and is now making further forays into the
rural belts of the country. It has also recently launched a DTH TV service
which is growing steadily.
9.] Pantaloon Retail:
The Flagship retailer of the Future
group has a hold over India’s urban youth and like Airtel plans to expand its
base across the country. Known for it’s trendy designs and marketing techniques,
it is poised to grow in future across every field from garments to restaurants.
10.] Cipla:
The drug and pharmaceutical giant is a common health care name
and manufactures or markets drugs across all segments from infants to geriatric
patients. Just last quarter it posted a profit of almost 152 Crore rupees.
[Disclaimer: Investing in Stock Markets
involves a person taking a considerable amount of risk. The above article is
only of an advisory nature. Statements related to companies and businesses have
been made on past performances and do not necessarily indicate their future
behavior because economies and markets are of an uncertain nature. Neither the
writer nor the site can be held responsible for any action(s) of the reader(s)
based on this article.]