Hi Diksha, what is your view on the open positions that you had recommended? Do you want to hold on or are there any profits to be booked?

You would recollect that on Wednesday we did not make any changes to our positions after cutting 4 stocks on Tuesday. On Thursday, we suggest to book out of PFC and Bandhan Bank to keep the stocks churning. Here is a quick update for you.

Tata Consumer given at 520 (CMP-516) – Suggest to Hold

UPL given at 480 (CMP-419) – Suggest hold at average price

Shilpa Medicare given at 501 (CMP-465) – Suggest hold at average price

Godrej Agrovet at 533 (CMP-509) – Suggest to hold

Cipla at Rs.760 (CMP-733) – Suggest to hold

Power Finance Corp at Rs.101 (CMP-106) – Exit at Profit

Indian Oil Corp at Rs.87 (CMP-86) – Suggest to hold

Federal Bank at Rs.58 (CMP-59.40) – Suggest to hold

Bandhan Bank at Rs.348 (CMP-368) – Book Profits

M&M Finance at Rs.154 (CMP-161) – Suggest to hold

Motherson Sumi at Rs.143 (CMP-143) – Suggest to hold

Equitas Ltd at Rs.63 (CMP-68) – Suggest to hold

Hindalco at Rs.225 (CMP-223) – Suggest to hold

DLF Ltd at Rs.189 (CMP-683) – Suggest to hold

I would suggest you just wait on the sidelines for a day and let us take a fresh view on Friday on what to do with the remaining positions. The market still looks good so there is no rush to close any position with any degree of urgency.