If you are a complete beginner to stock investing and would like to know the stocks that are safe to invest in and which at the same time can also provide good returns, then look no further. You are at the right place. Below is a list of 5 bluechip stocks that are of high quality providing both stability as well as good returns on investment:
- Tata Consultancy Services (TCS)
- Infosys (INFY)
- Larsen & Toubro Limited (LT)
- HDFC Bank(HDFCBANK)
- Reliance Industries Limited (RIL).
You can begin by opening a Demat account with any one of the established brokers, e.g. Zerodha, Sharekhan, etc. And then purchase some of the above-mentioned stocks. I would suggest starting with a small amount, e.g. Rs. 5000. Invest and then observe for at least 3 months. After that, if you feel comfortable you can invest additional money into stocks. The best strategy is to invest a small amount regularly every month(preferably on a fixed date).