Saturday, March 20, 2010

Indian Blue chip companies

One of the success stories in the recent times and that has had the best growth rates after China has been India. Most of the times you will hear only about IT sector and the BPO sector with all the US Fortune 500 companies sending their jobs overseas. The fact of the matter is that India is more than that.

If you have not invested in the Indian companies then you are losing out on the good growth stories and making huge returns on your capital.

Here is the list of the Indian blue chip companies which comprise the 30 stocks that are there in the BSE -30 and I am also giving out the symbols of the ADR’s if at all that are listed in the NYSE.

Tip: If you can invest in a mutual fund then invest in the Franklin India Blue chip fund which has been giving stellar returns as it just invests in the blue chip Indian growth companies.

ACC

Bharti Airtel

BHEL

DLF

Grasim

HDFC

HDFC Bank(HDB)

Hero Honda

Hindalco

HUL

ICICI Bank(IBN)

Infosys(INFY)

ITC

Jaiprakash Asso

Larsen

Mah and Mah

Maruti Suzuki

NTPC

ONGC

Reliance

Reliance Comm

Reliance Infra

SBI

Sterlite Ind(SLT)

Sun Pharma

Tata Motors(TTM)

Tata Power

Tata Steel

TCS

Wipro(WIT)

Tip: DO not blindly invest in all blue chip companies. Take a stock of the situation and consider only those which have some potential and can be provide better returns than in the US market else you can always invest in the stocks which are listed locally.

Better still you can also invest in the country specific ETF if you do not want the hassle of investing in the India Stock market directly.

Also note that you need to know what is the blue chip stock before you start your building your portfolio.

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