Sunday, July 11, 2010

Portfolio Update

Last week, I redeemed holdings in MF schemes of DSP BR Opportunities, DSP BR Tiger & HDFC Prudence. I am shifting the proceeds to stocks like Reliance, Mind Tree, IFCI, Reliance Communication & MM Forgings.

I also purchased couple of Yes Bank stocks but only for a momentum trading perspective. Bought at about 272 & will liquidate in the 300-315 Range.

Need to liquidate Fortis Flexi Debt Fund and again shift to Direct Equity. This will take few days as the holding is in physical mode.

Regards, Rohit

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