Invest in pharma, oil & gas at lower levels: Ajay Jain

As per Ajay Jain, CEO at astromoneyguru.com April 27, 2015 is represented by planet known Mars and year 2015 is represented by planet known as Saturn. As per Ajay market theory, combination of Mars and Saturn may show volatility in global equity market. It is better to focus on sector and stock rather on Nifty or Sensex in Indian stock market.

First half of the day brings profit booking in the Indian stock market. This should be taken as an opportunity to invest in pharma, oil marketing companies and banking stocks at lower levels.

Short term traders need to invest in small batch in selected sectors and stocks only on dips. Following stocks should be kept under observation: (1) Hindustan Petroleum Corporation (2) Bharat Petroleum Corporation. Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.