Should one sell HDFC Bank now...

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by darth, Jan 18, 2016.

  1. darth

    darth Active Member

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    Should one sell HDFC Bank now so as to be able to redeploy the money in some good stocks which have been hammered down ?

    HDFC Bank hasnt cracked as much as many other good quality stocks. Upside in HDFC bank on any bounce back isnt likely to be great.

    So should one deploy a sell HDfC bank and buy some other stocks to leverage this market crash without committing any additional funds

    If yes, what are the alternative names that come to your mind?
     
  2. kharb

    kharb Well-Known Member

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    HDFC bank is one of the strongest share Indian market offer for long term as of now. So it is either hold or buy at every decline or stagnation.Rather I would suggest to switch from weak beaten down stock to good beaten down stocks.As compartivly you will lose less but will be having good stock for future in your portfolio.
     
  3. darth

    darth Active Member

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    Oh this one is just to explore and ride on any meaningful bounceback which ought to happen shortly. The expectation is to earn more from a larger bounceback from a beaten down good stock than what HDFC bank will rise during the bounceback.

    Purely a shortterm play..... ( without committing any additional funds ) and eventually settling back into a HDFC Bank.
     
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