And without HDFC Bank, Private Banking Sector of India is nothing because of its size. Without Banking, an economy is nothing.This gives good safety and return potential in stock. Because of consistent Outperformance in past and Management that has always given importance to all major and minor stakeholders, HDFC Bank is a favourite stock of FIIs and DIIs.Primary reasons why HDFC Bank is one of the best Stocks to buy for beginners As the name suggests, HDFC bank in Retail Segment serves Retail Customers, serves big clients (corporate, public sector units, government bodies, financial institutions etc.) through Whole Segment and under Treasure business, bank provides different products and services on foreign exchange and derivatives, local currency money market and debt securities, and equities. The Bank has three primary business segments, namely Retail banking, wholesale banking and Treasury business. It has a banking network of 5,326 branches and 14,996 ATMs spread across 2,825 cities and towns. But in terms of market value, it is the largest Bank of India. HDFC Bank is one of leading banks of India. Housing Development Finance Corporation (HDFC) Best Stocks to Buy for Beginners in India STOCK NAME Here is the list of Top shares for Beginners.
If you don’t know much about stocks and want to start investing in stocks, then you can initially start with these stocks. Then, metrics like Bluechip company or not, strong balance sheet, Good Promoter-Backing or Management, Potential Risks in Business, Business Growth Potential and Expensive or not, were used. This will provide beginners little safety and less price volatility. Only those stocks which are actively traded on exchanges and institutional investors remain quite active in them, are selected for the beginners. Filters that were used to select these Stocks for Beginners Therefore, in this article, I have mentioned about some stocks which are best for the beginners in stock market of India.
Once you become a mature investor in stock market and keep adding something to your knowledge about how to analyse companies, it will become little easy to analyse companies.īut as of now, when you are a beginner, it will not be easy for you to analyse which companies would be suitable for you even if the number of listed companies would be 500-1000. We need to analyse business of the company, about management, balance sheet strength, potential upside from current levels and many more things. For a beginner, it will not be possible to analyse all these companies and decide which companies they should try initially. There are more than 5000 stocks listed on our Indian Stock Exchanges.