| Log In | Join | Interviews Home News Markets IPO Personal Finance Mutual Funds Tech Jobs Features Blogs Slideshows ET NOW ET Speed Poke Me Your Say Comments & Analysis Spiritual Atheist ET Debate Editorial Opinion Poll Columnists Guest Writer Interviews QnA Hi there, Login with your Facebook ID to see what your friends are reading on Times of India and Economic Times. SPOTLIGHT You are here: ET Home Opinion Interviews Platinum Sponsors Gold Sponsors By ET Now | 7 Aug, 2013, 11.40AM IST 3 comments | Post a Comment 2 0 Ads by Google Best 5 Indian Stocks www.hbjcapital.in/ - Put your Money in these 5 Stocks Multiply them 5x in 5 Years! India's largest re-insurer says it could invest well about Rs 2,000 crore in the stock market this year Good time to buy into blue-chip stocks: A K Roy, GIC Re READ MORE ON stocks | Market | investments | investment | GIC RE | Equity | economy A K Roy, chairman and managing director of GIC Re, India's largest re-insurer, speaks to ET Now about their investment plans for the current financial year and how certain blue-chip stocks' valuations look attractive. Excerpts: ET Now: Give us an idea of your total invested funds? AK Roy: Our total invested funds are in the order of Rs 60,000 crore, and about 20% of that is in equity. ET Now: Given the kind market movement we are witnessing now, would equity be a good attraction for you, in terms of the kind of valuations available. Do we see the investments going up this fiscal year? AK Roy: The Indian market has been quite volatile over last two to three years. But in the last one year we have seen that it has remained quite buoyant. However, right now, it has again entered into a volatile phase and is fluctuating almost on a daily basis. Looking at the overall economy of the country, one can say that at this point of time the equity market is actually on its lower side and there are very good opportunities to enter into some blue-chip companies, which are today available at a very cheap price. ET Now: I know I have been pushing you a bit, but in terms of value can you say couple of Rs 1,000 crore is what we can expect you to pump into the equity market this fiscal year? AK Roy: Normally, that is the amount which gets invested every year, so that is possible. Recommend 3 Share Share Share More Opinion New Indiatimes | The Times of India | The Economic Times | More Search for News, Stock Quotes & NAV's Good time to buy into blue-chip stocks: A K Roy, GIC Re - The Economic... http://economictimes.indiatimes.com/opinion/interviews/good-time-to-buy... 1 of 4 11/08/2013 6:48 PM Auto: Strategies to Beat Slowdown Beating slump: Bajaj, Munjal, Bhargava offer remedies It's now two consecutive quarters of declining sales. Capacity utilisation is at a dismal 60-65%, profits are under pressure and cos are using every trickdiscounts, freebies to woo consumers. Hyundai aims to overtake Maruti, take leadership position in compact car mkt Mercedes-Benz to decide on price increase by next week Most Read Most Shared Most Commented Eight smart money moves to make before the ag... MBA no longer a passport to a successful care... Amrit Kaur: Aged 80, she's India's newest bil... More from The Economic Times Top 5 stocks that can give good returns in a weak market 29 Jul 2013 HDFC Bank, Axis Bank raise fixed deposit rates by up to 4% 01 Aug 2013 Expect good growth in coming quarters: Naresh H Bhansali, Emami 08 Aug 2013 Government in a quandary as family silver loses value 07 Aug 2013 More from the web 40 Killer Content Marketing & Blogging Tools That Youll Fall in Love With Zemanta Financial Uncertainty, Destructive Start to Monsoon Highlight Asia's Asian Development Bank Indian industries radiate into Chinese production HSBC Global Connections Indonesian property sector skyrocketing Emerging Markets Direct Insider 5 Multibagger Stock Ideas Because you don't need more than 5 stock to make your lifetime wealth. : 555stocks.in/ Ads by Google PREVIOUS STORY Can look at buying IT stocks if they correct 10-15%: Vibhav Kapoor, IL&FS NEXT STORY Policy inaction has caused a loss of investor confidence: Vallabh Bhanshali, Enam Securities NEWEST OLDEST RECOMMENDED (1) MOST DISCUSSED AGREE LOGGED IN COMMENTSNEW! All these fraudsters trying to make money by telling lies and fooling people. Agree (2) Disagree (0) Recommend (0) Offensive ET Now: Close to Rs 2,000 crore? AK Roy: Could be about Rs 1000 crore. Recommended by READ MORE ON stocks | Market | investments | investment | GIC RE | Equity | economy Follow Economic Times Interviews Section, For The Latest News! Readers' opinions (3) Recommend Send 3 people recommend this. Sign Up to see what your friends Like 85 Have something to say? Post your comment Comments are moderated and will be allowed if they are about the topic and not abusive. Characters remaining (1500) 2 Followers 3 Days ago SGSGSGSG (US) Gold: 5443 4 3 Good time to buy into blue-chip stocks: A K Roy, GIC Re - The Economic... http://economictimes.indiatimes.com/opinion/interviews/good-time-to-buy... 2 of 4 11/08/2013 6:48 PM News in Pics 3/20 6 CEOs on how to beat auto slowdown Step-by-step guide to file your income tax re... Little-known tax deductions you might have mi... More Most Watched Videos MORE FROM VIDEOS Slide Shows Ten remarkable infrastructure developments in India From roadways, railways to airports and other smart-city initiatives, the last few years have ... Ten metro rail projects transforming Indian cities We take a look at how Metro connectivity has helped many cities in India and the upcoming netw... What's new in Android 4.3 Jelly Bean OS Google's latest tablet Nexus 7, will run on Android 4.3 Jelly Bean Operating software. And alt... More Slideshows Roshni Nadar appointed additional director of HCL Tech Roshni Nadar appointed additional direct... Brand Equity: Priyanka Chopra hits the h... Meet Rohini Nilekani, who mastered the a... Tatasteel may be a better bet, Agree (3) Disagree (0) Recommend (0) Offensive Good time to buy into blue-chip stocks - Not so convincing as it is not yet clear where the market will settle. Agree (0) Disagree (0) Recommend (1) Offensive TOP STORIES Financials near to regaining S&P 500's top spot The financial sector stands within a whisker of recapturing the mantle as the $17 trillion US stock market's heaviest hitter. For Dell, buyout uncertainty adds to poor PC sales BJP lost polls wherever Modi campaigned: Digvijay Sunday ET | Current slump worst for job-seekers? How to choose the next Federal Reserve chairman? INFOCUS ON ET TODAY INFOCUS ON ET TODAY 4 Days ago Sanjiv Aggarwal (India) Silver: 535 4 Days ago Poojanair (KOTA) Silver: 1035 PERSONAL TECHNOLOGY Review: Google's Moto X an impressive offering Applications to help you manage Android from your PC Top tech launches of the week EMERGING ENTERPRISE 4 2 3 2 2 Good time to buy into blue-chip stocks: A K Roy, GIC Re - The Economic... http://economictimes.indiatimes.com/opinion/interviews/good-time-to-buy... 3 of 4 11/08/2013 6:48 PM Get a Quote Other Times Group news sites Times of India | 5|=|l-5 | | Mumbai Mirror Times Now | Indiatimes |
Living and entertainment Timescity | iDiva | Bollywood Zoom | Healthmeup | Luxpresso Technology | Guylife | Online Songs Networking itimes | Dating & Chat | Email MensXP.com Hot on the Web Breast Feeding | Online Shopping Movie Review Videos | Miss India Used Cars in Chandigarh | Bike Price India Services Book print ads | Online shopping | Free SMS | Website design | CRM | Tenders Matrimonial | Ringtones | Astrology | Jobs | Property | Buy car | Bikes in India Used Cars | Online Deals | Restaurants in Delhi | Movie Show Timings in Mumbai Remit to India | Buy Mobiles | Listen Songs About us / Advertise with us / Terms of Use and Grievance Redressal Policy / Privacy Policy / Feedback / Sitemap / Code of Ethics Copyright 2013 Times Internet Limited. All rights reserved. Browse Companies A B C D E F G H I J K L M N O P Q R S T U V W X Y Z | 1 2 3 4 5 6 7 8 9 Home | News | Markets | Personal Finance | Mutual Funds | Infotech | Jobs | Opinion | Features | Videos | My Portfolio | Budget 2013 Live Market News Portfolio Mobile Live TV Newsletter Commodities Speed QnA Blogs Alerts Business idea event kicks of in Vadodara with $10k seed funding Blue Bulb: A Rs 30 lakh business built from gifting experiences Startups using Artificial Intelligence to make products for everyday life GetQuote GetQuote GetQuote GetQuote Good time to buy into blue-chip stocks: A K Roy, GIC Re - The Economic... http://economictimes.indiatimes.com/opinion/interviews/good-time-to-buy... 4 of 4 11/08/2013 6:48 PM