Table of Contents
List of Best Blue Chip Stocks to Consider
| Company Name | Industry | Share Price as of 2nd October (NSE) |
|---|---|---|
| ITC | FMCG | Rs 225.75 |
| Coal India | Mining/Minerals | Rs 156.10 |
| Reliance Industries | Diversified | Rs 2,383.35 |
| Larsen & Toubro | Construction and Eng | Rs 1,842.35 |
How can I double my money in 5 years in India?
Double Money in 5 Years If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40\% p.a. to achieve your target.
How can I invest 1 lakhs in the stock market?
⚫ Investment of 1 lakh for longer period with stock market. Direct equity investment ,Choose good large cap companies HDFC,INFOSYS,SBI,MOTHERSON SUMI,BAJAJ FINANCE and IGL invest 60,000rs. Mid cap companies CHOLAMANDALAM finance, NIPPON AMC and BALAKRISHNA INDUS invest 30,000 in midcap.
Just because you can buy a certain number of shares of a particular stock doesn’t mean you should. For example, if you put $1,000 into a newly opened brokerage account, and a stock you want to own trades for $50, you have the ability to buy as many as 20 shares. However, don’t forget about portfolio diversification.
1 Find the current share price of the stock you want. You can obtain a quote through your broker or through a financial website. 2 Divide the amount of money you have available to invest in the stock by its current share price. 3 If your broker allows you to buy fractional shares, the result of step two is the number of shares you can buy.
Should I invest in ELSS or Balance Fund for 1 lakh?
However, ELSS comes with 3 years lock in period. You will not able to redeem ELSS fund till 3 years. ELSS can give returns in the range of 10-12\%. Balance Fund is next investment option where you can plan to invest 1 Lakh rupee. Balance mutual fund is the best investment option for the investor who is looking for safety and moderate returns.
https://www.youtube.com/watch?v=bHPzQIW_pww