Bluechip stocks are stocks of large companies with excellent reputations. They are characterized by their low investment risks, reliable returns, and good dividends, all of which provide a strong sense of security and confidence in your investment.
This makes them highly sought after by most investors, underscoring their potential for solid returns and the collective wisdom of the investment community.
The term “blue chip” originated from the game of poker, where the “blue chips” represent the highest value.
The term’ blue chip’ has a rich history. It originated in the 1920s in the game of poker, where the ‘blue chips’ represented the highest value.
It was later adopted to refer to stocks of high-value, well-established, financially mature companies, a usage that has persisted to this day.
Some examples of bluechip shares include TCS, HDFC, Infosys, ITC, Coal India, Hindustan Unilever, Wipro, and Axis Bank.