Finance, Forex and Investments

Share Market - Guide me for my hard earn money.?

Hi All, Im new to the indian share market investment. I have just open up dmat account and wanted to invest 2L rupees as my primary amount. Can u please guide me which are the top 5 firm u will suggest me for long term investment which will give me really good returns say 2-3 yrs down the line. Which are the nice websites to monitor the stock price ? Any additional information for investment is highly appreciated. Thanks in advance.

Public Comments

1. Stay away if you do not know. Better is Mutual Funds as it is managed by people who know Share Market.
2. myiris.com, nse-india.com, sharekhan.com
3. u can invest in NTPC, CAIRN INDIA, APOLLO TYRES, GTL INFRA, EXIDE INDUSTRIES - these will bring a b o o m with in 2 months
4. I would suggest that you start watching CNBC TV 18, NDTV Profit, CNBC Awaaz and Zee Business News Channels. These channels cover the stock market in great detail and some of the programs give good information on companies and even provide tips on which shares to buy for. Moreover since you are a beginner, I would suggest you to start with investments in Mutual Funds and IPOs before moving over to secondary market. For online reading I would suggest you to have a look at the following websites http://www.chittorgarh.com http://www.rupya.com http://www.moneycontrol.com http://money.rediff.com/money/jsp/markets_home.jsp http://www.valueresearchonline.com (For Mutual Fund Info). For monitoring stock prices, visit the following links http://in.finance.yahoo.com http://www.bseindia.com http://www.nseindia.com http://www.moneycontrol.com
5. 2L is a decent amount to start with. Invest systematically and u will see good returns. Regarding the tools you can visit sites offering live information about the market so that you can track the prices easily.