This is time to make a SIP in bharti airtel and reliance communications. Because telecom sectors is in a consolidation phase. And if any one collects 10 -10 share of bharti and rel com per month for at least 2 year he may get good returns after 2 year.
Remember auto sectors underperforms in 2006 to 2008 and analysts on TV say they never perform but maruti go 1600 from range of 400-700 and M&M go 900 from range of 300-500 in this time these same analysts say that auto sectors is good auto companies result is good , auto sectors is very good long term investment . but I warn all of my readers that avoid auto sectors strictly and consider telecom as long term investment.
Same story is all ready happen in sugar or IT sectors. please give yur openion on my view?
Remember auto sectors underperforms in 2006 to 2008 and analysts on TV say they never perform but maruti go 1600 from range of 400-700 and M&M go 900 from range of 300-500 in this time these same analysts say that auto sectors is good auto companies result is good , auto sectors is very good long term investment . but I warn all of my readers that avoid auto sectors strictly and consider telecom as long term investment.
Same story is all ready happen in sugar or IT sectors. please give yur openion on my view?
I agree with you Mahesh.Telecom sector will be having buyouts and possibility of Bharti or Rcom buying out other companies is very real.But Rcom is in for tough times due to account fudging.So for the time being Bharti is better
ReplyDeletethanks robin for your comments
ReplyDeleteSugar yes,cause cane production is down ,retail prices are up.But, I think telecom at these prices still look expensive...
ReplyDeletethank you anuradha ji for your view
ReplyDelete