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LORD JESUS CHRIST SAYS

So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.

5 Oct 2018

STOCK MARKET--After the massive decline in the Indian share market, which are the best shares to invest in for a long term?

At a pure logical level, it will be the large cap private banks - HDFCBank, ICICI Bank, AxisBank, KotakBank.
Here is the rationale:
BankNifty has a little over 1/3rd weight in Nifty and within BankNifty, above stocks have a collective weight over 70%.
BankNifty has a 86% correlation with Nifty so when the recovery happens, above stocks will ride the recovery: all these stocks have a beta > 1 so for every 1% gain in Nifty, a portfolio comprising above stocks will deliver more 

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