Recession ? Much talked word in these days.
US moving to recession.May be or May not.But a land like india who over come US ban after nuclear test worry about it.Our economy is the least dependable to US in Asian Countries.
We have to trust our brands and support them.Look Brazil, they are moving up .I think its the time to show world our money power.I don't know what these Mutal Funds are waiting for.Banking sector may be down now because of loan waivering but this will do good for these sector in future .You can't make money with out risk in stock market.
May be construction space is low in these days but stocks like DLF,Puravankara look attractive in these levels.
From Banking ICICI is abuy in current levels.
From PSU - CBOP(Centurion Bank of Punjab Ltd ) is good margin intraday trading
Two IPO's are also in the way of listing (Rural electrification,V-guard).Both are good companies may do good in long term