Stock Tips: Auto shares will lead the boom in the stock market, according to Deepan Mehta, you can also take advantage by investing

New Delhi
Stock Tips Dipan Mehta: Who does not want to earn by investing in the stock market. If you also want to increase your capital by investing in stocks, then we are telling you about the advice of Deepan Mehta, Director, Elixir Equities.

Deepan Mehta has said that if an investor wants to earn from the stock market in the long term, then one can invest in the shares of HDFC, Axis Bank, Kotak, ICICI Bank and SBI.

If you want to earn by investing in the NBFC space, then you need to keep an eye on the stocks of companies like Bajaj Finance and Cholamandalam. There has been a lot of weakness in the shares of auto companies in the last few days. Deepan Mehta has said that auto companies can lead the rise in the stock market for the next several months and several quarters.

The round is coming in the story of auto companies. The Modi government at the Center has recently announced to take steps to control the price of steel, due to which the cost of auto companies is expected to reduce and margins will increase.

Auto companies require more than 60 percent steel to make vehicles. The efforts of the central government to control the price of steel will reduce the cost of auto companies. In the last 1 year, auto companies have increased the prices of their vehicles many times, due to which their margins will improve.

Deepan Mehta has said that if you want to earn from investing in shares of auto companies, then you need to keep an eye on the stocks of companies like Tata Motors, Mahindra & Mahindra and Maruti. If we talk about the two wheeler category, then the shares of Bajaj Auto, Hero MotoCorp and TVS Motors can be monitored.

In the case of commercial vehicles, Eicher Motors shares can be bet on. Deepan Mehta has said that the results of midcap and small cap NBFCs have been disturbing to investors. Because of this, investors should now bet only on the shares of big companies to earn.

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