Share Market News / The stock market is changing like the weather, money will not sink in these stocks

The craze of investing in the stock market has increased rapidly in India, but the recent fluctuations led to a loss of Rs 48.5 lakh crore to investors. However, stocks like ICICI Lombard General Insurance, Max Financial Services Ltd., and LIC Housing Finance Ltd. have given stable returns, which can benefit investors.

Vikrant Shekhawat : Nov 23, 2024, 08:52 AM
Share Market News: In the last few years, the trend of investing in the stock market in India has increased rapidly. When the economy slowly got back on track after the Corona epidemic, people adopted the stock market as a major medium to increase their wealth. However, the volatility in the market in recent months has worried small investors.

Recent decline and losses

According to the Times of India report, the volatility of the stock market in the last two months has caused a loss of about Rs 48.5 lakh crore to investors. While the Sensex fell by 422.59 points on November 21, the market showed a rise of 1961.32 points the next day. Such unexpected fluctuations have driven many small investors away from the market.

Safe options for investment

Although there is volatility in the market, there are stocks of some companies that have the potential to give stable returns. According to the Economic Times report, the following stocks can be considered:

1. ICICI Lombard General Insurance

Market cap: ₹91,052 crore

Last year return: 79.2%

Future potential return: 41.2%

This large market cap company is known for its strong financial performance and stability.

2. Max Financial Services Limited

Market cap: ₹41,019 crore

Last year return: 80.3%

Future potential return: 39.5%

This company is a leader in the insurance and financial services sector, and is a safe option for long-term investors.

3. LIC Housing Finance Limited

Market cap: ₹33,856 crore

Last year return: 76.1%

Future potential return: 40.3%

This company has a strong hold in the field of housing loans and finance.

Things to consider before investing

Evaluate the risk: Every investment carries risk. Given the volatility in the market, analyze the fundamentals and market conditions of the company before investing.

Long-term view: Long-term investments often yield better returns despite market volatility.

Maintain diversification: Risk can be reduced by diversifying your portfolio.

Conclusion

Although the fall in the stock market in recent months has made investors cautious, investing in strong companies with the right strategy can yield good profits in the long term. It is always beneficial to seek expert advice before investing and keep your risk tolerance in mind.