Two stock from Auto Sector!!! Why?
For long term investment i will go with Top 5 Mid cap stocks.
Kindly name them.
IDFC BANK ,tata global beverage, dhfl,BAJAJ finserv,jamna Auto.
I prefer Indian consumption stocks.
Two wheelers sales are growing and HEROMOTORS increasing production in the coming years. Also they started to bring Electric Vehicles in Big way as govt is aggressive to go for only Electric Vehicles from 2030.
Indian Economy is mostly driven by Auto Sector. Vehicle Financing, Insurance are dependent on this sector. So it is the biggest employment generator.
If you want to seriously buy right sleep tight then look no further, go and buy coffee can portfolio @smallcase. Those stocks are chosen with very carefully and those are best for value investors. Buying hero motocorp or maruti you will compromise with your return. Those are fancy stocks and already overvalued. Buy stocks which have the potential to become a large cap. Also 5 stocks aren’t enough for diversification, alteast go for 10 stocks.