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In the share market, there are various companies listed and not all of them give good returns. Some of them go up in price and some of them don’t. There are different stocks at different prices like MRF is at 75977.05 and there are penny stocks like Vodaphone Idea which is at 12.80. It is important to select which stocks you want to invest in because they can lead you to losses too.
If you are a beginner you should invest in stocks that are safe and will give assured returns someday. You have to keep in mind that it’s important when you enter the market. You should enter the market when there is a dip in the market,i.e- when the prices of the stocks you wanna buy are low. Some good stocks for beginner
- HDFC Bank
- Tata Motors
- ITS
- Adani Enterprise
- Reliance Industries
These stocks are safe and give profit to everyone. Even trader who takes risks in the stock market has some amount of these stocks. Investing in safe stocks is like depositing money in a fixed deposit as it is assured income but steady income. If you want to earn a good amount of money from stock you will have to take some risks. Reading charts, keeping yourself updated with the news, knowing the movement of the stock, will help you to know which stocks are right to invest in. Buying and selling of shares can be done over several apps like GROWW, MoneyControl, etc.
As a beginner, it is important to know and understand that you will face losses and to earn profits you need your knowledge and a little luck. It’s never too late to start investing in the stock market.