On May 5, 2006 we had recommended the
best 12 of our Stock Ideas as Sharekhan Top
Picks. With mayhem ruling the market all through
May, our top picks have more or less performed
in line with the broader market. As on June 2, 2006 this basket of stocks has given a negative return of
16.8% compared with a negative return of 16%
given by the Sensex constituents (ie if one were
to buy one share of each of the Sensex
constituents) over the same period. Even though
the market has witnessed a sharp correction, we believe that the underlying story of robust fundamentals and
the resultant strong earnings growth remains
intact. Hence we believe that the correction
presents a great opportunity to capitalise on
the Indian story and add good stocks to your portfolio. However, selectivity remains the key.
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Book your seat TODAY! To buy and sell shares, log on to
www.sharekhan.com or call
our DialnTrade unit on 1-800 227050/ 30307600. For account
related queries call our Customer Service cell on 1-800-22-7500/
39707500.
