Wow that's great. I have been sitting on -20% loss but for me it's ok because I am not gonna touch that money for 5 years atleast. I am expecting HDFC Bank, SBI and SBI Card will give me 50% rise in coming future.
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SBI is at its 52 week low. As of now its future is unpredictable as NPA is likely to grow alarmingly after the lockdown period ends. Public sector banks are going to be affected heavily.
Experts say that government should announce atleast a 15 lakh crore relief package to bring our economy back in the track.
Manufacturing sector is all set to witness a big drop in number of jobs.
Yeah, But in 5 years from now, your stocks will be highly valuable.
Yes that's what I am thinking, banking sector is just for long term. I will bet on FMCG is the short term, ITC looks good.