Since March 2009, Indian stock market has gained almost 90% and which is heighest when compared to all global markets. But after such huge gains some pain shuold be expected in market. I have given alert to my donated clients in september 2009 that don’t hold long after diwali. See exactly after new year trading, Indian market started tanking and tanked almost 10% with heighest hitted sector Realty and Infrastructure ( 15% losses) and less hitted Auto Sector(2% losses).

I am still confident on more correction in november series and i am saying November as DRIVER month for next market rally. But 4500 will be a major support in nifty and it should not close any day below that support. So its not a time to sell all your holding but its time to add valued stocks on dips. But i am still seeing long term down term in global market. So long term values of any stock is 100% lesser than current value. But for medium term of around next 3 to 4 years, We may see some good growth and global economy will again see crisis which will be major than current especially for countries like US and EU.

Here is list of sectorwise companies one should buy depending on your risk factor order in high to low.

• Realty and Infrastructure: HCC, IVRCL Infra, Purvankara Projects and SREI Infra
• Cement: JP Assoc, Madras Cement, Ambuja Cement and Prism Cement
• Tyre/Auto: Apollo Tyres, Bajaj Auto, Clutch Auto, JK Tyre, Exide Industry and Eicher Motors
• Information Technology: Moser Baer, Tech Mahindra, CMC, Polaris, Mphasis, Bartronics and Mahindra Satyam
• Finance and Brokerage House: GIC Housing, LIC Housing, M&M Finance, IDFC, IL&FS
• Banking: Yes Bank, Axis Bank, Dhanlakshami Bank and Indusland Bank
• Metal: Sesa Goa, Gujarat NRE, GMDC, JSL and JSW Steel
• Power and Electronics/Electricals: REC Ltd., GVK Power, PFC, Torrent Power, Kalptaru Power Transmission, KSK Energy, KEC International, BEL and Birla Power
• Engineering: L&T, Praj Industries, Shanghavi Motors
• Oil and Gas: Cairn India, PSL Holdings, RIL, HOEC, Gujrat Gas and GSPL
• Sugar, Food and Agriculture: Karuturi Global, KS Oil, Agro Tech, Jain Irrigation, Ruchi Soya, Andhra Sugar, EID Parry India, Triveni Engg.
• Pharma and Healthcare: Fortis Healthcare,  Apollo Hospitals, Glenmark, Opto Circuit, Biocon, Pfizer, Torrent Pharma, Cadila Healthcare
• Others: Godrej Industries, Nava Bharat Venture,  Rico Auto, Radico Khaitan, Mcleod Russel and Indowind Energy