What to do with Paytm, HUL, Adani Green and 3 other stocks? Aamar Deo of Angel One decodes

economictimes.indiatimes.com:

Most of the PSU stocks continued their dream run this week too, and as rightly put, it appears that FOMO is creeping amongst the investors as many of the PSU stocks, in defence, power, financials, infrastructure, have turned out to become multibaggers, significantly adding to the wealth of the investors, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends:

Edited excerpts:

Indian markets seem to have dusted the election outcome and have been on the up for the second week in a row. Unlike in 2014 and 2019 when Mr Modi came back with a more decisive mandate, this time the markets have outperformed with a lower mandate. What is your view on this exuberance?

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Markets are inherently intelligent by nature and structure, and given the kind of election mandate, markets had factored in the anti-incumbency & challenges that the government would face in the elections. However, as the results were in wide disparity when compared with the exit polls, markets witnessed heightened volatility, but then recovered sharply to trade