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LORD JESUS CHRIST SAYS

Jesus replied: “ ‘Love the Lord your God with all your heart and with all your soul and with all your mind.’ This is the first and greatest commandment. And the second is like it: ‘Love your neighbor as yourself.’ All the Law and the Prophets hang on these two commandments.” Matthew 22:37-40

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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