Most of the portfolios that I look at have crossed their previous highs and by a mile. What has happened is over the past 2 years some shares like P&G, Colgate, Page, Coromandel Fertilisers, Cholamandalam Investments, etc. have gone up and gone up fast.
So people who ask me (or pretend to ask me)have these shares, then of course the mandatory Hdfc, Tata group, KCP, Eid parry, tons of Fera scrips like Cummins, Basf, Ingersoll Rand, Siemens, Areva, ABB, – all have done very well. So for many of these people their portfolios are rocking – and none of them have the OMCs. Yes some of us have Ongc, Ntpc, Nhpc, – all have been poor performers (inspite of the late spurt by Ongc) but the portfolios are valued far, far higher than the day the market was at 21k.
What is important is what is happening to YOUR portfolio – so track its performance. Use www.myiris.com, or www.moneycontrol.com or www.valueresearchonline.com or what ever you are comfortable with but monitoring is a must. Start today. You might be pleasently surprised.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.