Home Articles Bank Stocks to buy for a long term during this Corona virus

Bank Stocks to buy for a long term during this Corona virus

buy banks stock during coronavirus for cheap rate

You could see that due to Corona virus the market had fallen down but there are few stock which will have a comeback soon. You can expect a comeback within a year. These stocks has been so cheap now that you should break all your FD and buy it. These stocks have further chance of going down but don’t need to panic because you are investing for a long term. We have these Bank stock you can buy during these corona virus. And an important advice is don’t Invest your entire money on one place instead divide it. Create your free Demat account for trading here.

1) SBI

State Bank of India has crossed a low of 175 INR today (24th march). It has an average standing of 240 INR. This stocks can further go down as because of lockdown in India. Make a use of it you can have a profit of average 65 per share and as we all know SBI is a big bank and will recover soon.

2) AXIS Bank

Axis Bank which has an average price of 750 INR is now costing around 300. Which is too low. You can grab an opportunity in this bank and invest a lot you can get a lots of profit if you do so now. With a profit of 450 INR.

3) BANDHAN Bank

Bandhan Bank is also facing some kinds of problem but we dont think this bank can go bankrupt. Because it can affect the economy and the indian government will try its best to regain it into its orignal position which is at an average of 450. Which now is priced at 170. If you can take a risk then this is the best you can get with a good profit.

4) HDFC Bank

HDFC bank which is a big bank is affected because of corona its per share price had fallen to 740 INR. Which in average stays at 1200. Giving you the profit of 460 INR. For a long term investment these will give you a good return.

5) KOTAK MAHINDRA Bank

A bank who’s per share cost at an average of 1600 is now available at 1100 INR. These banks are affected due to corona and could revive very fast. This bank has a chance of price of shares falling down. Make a close attention on these stocks and if this goes less than 1000 buy it. As it will give you a profit of 600 per share.

6) ICICI Bank

ICICI which cost 286 INR right now as an average price of 500. This price will further go down and make sure you invest in this as this gives you a great return of 214 INR. This could be a good stock to buy in this corona virus period.

IMPORTANT NOTE – INVESTMENT IS TO MARKET RISK WE ARE NOT ELIGIBLE FOR YOU LOSS WE ARE HERE TO PROVIDE A KNOWLEDGE TO YOU. IF YOU INVEST MAKE SURE YOU DONT GET PANIC AND SELL ALL THOSE SHARES IF GOING LOSS HOLD IT TILL IT REGAINS ITS ORIGNAL POSITION. THESE STOCK WE ADVISED ARE FOR A LONG TERM INVESTMENT. AND WE ARE SURE IF YOU HOLD THESE STOCKS THESE WILL REGAIN TO ITS ORIGNAL POSITION.

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