Investing in stocks can be an intimidating process. With thousands of stocks to choose from, it can be hard to pinpoint which ones are worth investing in and which ones are not. However, there are certain stocks that you should keep an eye on, regardless of market conditions. In this blog post, we are going to look at five stocks under Rs 3500 that you should consider adding to your watch list. We will provide a detailed analysis of each stock so that you can make an informed decision when it comes time to invest.
Top 5 stocks under Rs 3500
1. Bajaj Finance:
One of the best stocks to buy in India right now is Bajaj Finance Ltd. The company is engaged in providing various financial services like consumer finance, commercial lending, and investment banking.
2. HDFC Bank:
HDFC Bank is another excellent choice for investors looking for good stocks to buy in India. The company offers a wide range of banking services including personal finance, corporate banking, and investment banking.
3. Kotak Mahindra Bank:
Kotak Mahindra Bank is another top stock to buy in India for its strong growth prospects. The company is engaged in providing various banking and financial services like personal finance, corporate banking, and investment banking.
4. Axis Bank:
Axis Bank is another leading bank in India that provides a wide range of banking and financial services like personal finance, corporate banking, and investment banking. The company has strong growth prospects and is a good stock to buy for long-term investment.
5. ICICI Bank:
ICICI Bank is another top choice for investors looking for good stocks to buy in India. The company offers extensive range of banking products and services like personal finance, corporate banking, and investment banking.
What to look for when choosing stocks
There are a number of factors to consider when choosing stocks, and it can be helpful to consult with a financial advisor to get started. However, here are a few key things to look for when choosing stocks:
-The company’s financial stability: You want to choose stocks from companies that are financially stable, with a good track record of earnings and revenue.
-The company’s growth potential: Look for companies that are growing rapidly and have the potential to continue growing in the future. These companies will typically be younger and more innovative than their more established counterparts.
-The company’s valuation: Make sure you’re paying a fair price for the stock by considering the company’s valuation. You can find this information by looking at the price-to-earnings ratio (P/E ratio) and other measures.
-Your own risk tolerance: Be honest with yourself about how much risk you’re willing to take on. This will help you narrow down your choices and make sure you’re comfortable with the stocks you select.
How to add stocks to your watch list
Adding stocks to your watch list is a simple process that can be completed in just a few steps.
1. First, log into your online broker account.
2. Then, find the stock you want to add to your watch list. You can do this by searching for the company name or ticker symbol.
3. Once you’ve found the stock, click on the “Add to Watchlist” button.
4. That’s it! The stock will now be added to your watch list and you can monitor it for changes in price and volume.
Conclusion
Investing in stocks is a great way to grow your wealth, and the five stocks mentioned here are all promising options. With their low price point, they can be an excellent choice for investors on a budget who want to diversify their portfolio without spending too much up front. However, it’s always important to do thorough research before investing in any stock, regardless of its price. We hope that this article has provided you with some useful information about these five stocks under Rs 3500 and will help you make an informed decision when choosing your next stock investment.
