We all make investments. And the purpose of investing (Stocks To Buy) is one, to increase the amount of money in interest. Banks or post offices offer several convenient schemes in this regard. But there is another compelling way to invest. That is the share market. It is true that the investment market in share market is subject to risk, but know that no one else can give you the profit that share market will give you on your capital.
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6 Best Stocks to Buy in February 2024
Some of the stocks to buy in the share market have now come to the fore, experts believe that they can give ultimate profit to the investors very soon. The Center’s Interim Budget 2024-25 was presented a couple of days ago. So that the government has said to increase the amount of investment in several stocks. Such as Railway Stock, Housing Finance Stock, Solar Stock, Agriculture and Dairy Products, and Vehicles etc.
Therefore, experts believe that the prices of these stocks (Stocks To Buy) may increase a lot in the coming days. Find out which one of these will give you the most return on investment. And you will buy all these stocks (Stocks To Buy) from the share market after knowing and understanding all the information and only then you will be able to get good returns.
6 Best Stocks to Buy
Buy railway stocks
In this year’s budget, the finance minister announced that another 40,000 trains will be converted to Indian models, meaning that the government will increase investment in the sector, and as a result, railway stocks will also become profitable. In this situation, investing money in IRCTC, IRFC, JUPITER WAGON, RVNL, Titagarh Rail Systems in all these stocks (Stock Market) is likely to bring more profit in the coming days.
Housing finance stocks
Experts see the possibility of rising shares of various housing companies like Repco Home Finance, Aavas Financiers, Aptus Value Housing Finance, LIC Housing, PNB Housing, NBCC soon. But HUDCO is at the forefront in this regard. And you understand from this and invest only then (Share Market Investment).
Buy tourism stocks
Nowadays people’s thirst for travel has increased. At the same time, various countries are trying to strengthen the economic base based on tourism. Ayodhya Ram Mandir has been inaugurated in our country a few days ago. In this situation, starting from various airlines, railways and even some famous hotels are thinking of starting business here. In this case, the stocks of Indi Go, IRCTC, Lemon Tree Hotels and some other companies may rise in price, according to experts.
Solar energy stocks
In the budget, the finance minister said that very soon 1 crore people of the country will be provided with electricity through solar panels. He also said that this expansion will be done especially in the hilly areas of North East India. As a result, those families can save up to 300 units of electricity in a month. If that family will save money (Stocks To Buy).
Read also : The Sensex opened with a bang, with investors netting ₹ 2.78 lakh crore as the market opened
Best shares to buy
However, increasing solarization in the country will lead to massive price increases in solar company stocks. The names recommended by experts in this regard are Websol, IREDA, Suzlon Energy, Sterling and Wilson, KPI Green Energy, Visaka Industries, Tata Power and Waaree Renewable etc. (Stocks To Buy).
Buy agricultural stocks
The government has decided to make investments in agriculture and various related sectors like fisheries, dairy etc. through this year’s budget. Efforts will be made to increase the productivity of such organizations. As these businesses grow, the value of their stock in the stock market will increase. Companies such as Coastal, Avanti Feeds, Corporation, Apex Frozen Foods, Amul etc. are expected to raise prices in their stocks very soon, according to experts.
Automobile stock
Currently, the stock prices of national automobile companies Ashok Leyland, Tata Motors, Olectra Greentech and JBM Auto are increasing. It will increase in the coming days. Also, in the budget, the finance minister emphasized on increasing the number of E vehicles in the country. So the business of all these companies is likely to increase. The stock price will increase.