As exit polls suggest thumping victory for Modi, experts pick these 10 stocks

Experts feel that anything above 270 for BJP on May 23rd will be positive for markets.

Although some of the good news is already discounted by the market, hence, profit booking is likely

Exit polls suggest continuity of a stable government at the Centre—a positive sign for long-term investors. Any dips ahead should be used as a buying opportunity.

According to an exit poll conducted by Network 18-IPSOS, BJP-led NDA is likely to gather over 336 seats. Republic-CVoter sees BJP hitting 287 while Congress gaining about 128 seats.

Experts feel that anything above 270 for BJP on May 23 will be positive for markets. Although some of the good news is already discounted by the market; hence, profit booking is likely, once the initial euphoria wanes.

“In the past five elections, barring the short-term correction immediately after the result outcome, the inherent trend of the market has remained intact.

“Therefore, investors should not rejig their portfolio post elections and if they have conviction in the quality of the stock, should hold on to it as fruits of patience are always sweet,” he said.

We have collated a list of fundamentally strong stocks from different experts that investors can look for buying on dips. For selecting stocks analysts have worked with an assumption of a stable government:

FOR MORE DETAILS AND STOCK MARKET TIPS CONTACT US @RIPPLES ADVISORY