High Beta Stocks of Indian Stock Market

Beta Stocks are a good bet in the up market. Beta is the volatility measure of any stock in comparison to the over all market. We consider the Index’s (Sensex & Nifty) as 1. Stocks having Beta more than 1 are high beta stocks. And these stocks are more volatile than the Index and thus give more return than the index in the up market.

Recently I have posted the Article: High Beta Stocks.

First of all read the above article. Following is a list of High Beta Stocks of Indian Stock Market.

HDIL 2.0
JINDAL STEEL 1.9
RELIANCE INFRA 1.8
JP ASSOCIATES 1.8
UNITECH 1.8
RNRL 1.7
ESSAR OIL 1.7
SUZLON 1.6
India Infoline –Beta – 2
Orbit Corporation – 1.93
Unitech – 1.86
IFCI – 1.71
Everonn Systems – 1.69
Hindustan Construction – 1.66
Aptech – 1.62

Thus, all of the above are the high beta stocks. You can invest in them with the due risk for high returns in the up market. However, Remember that in the down market, these stocks give you more negative return than the Index.