Fwd: Wishing you and your family very Happy and Prosperous 2014-A.K.Prabhakar
Prabhakar A.K
Wishing you and your family very Happy and Prosperous 2014-A.K.Prabhakar
Outlook 2014- Market view bullish with odd correction. Stocks to outperform markets, this is start of bull market where correction will be fast and recovery would take time. If you notice in Bear market correction was slow and irritating while recovery or rally being very fast taking everyone by surprise. Economy, Results and many data normally would be very bad and market normally moves in disbelief. Buy Quality+ growth stocks where you can have peaceful sleep as bull markets are like Tsunami once the movementum builds most of Index stock can give 2-3times return in next 2-3years. Just recollect U.S, Europe & Japan all were in crisis and many talked about doomed days, same will be talked here as election around corner.
YTD-Year till date Nifty has gained 6.76% while Sensex 8.98% with CNX IT gaining 57.97% while CNX PSU BANK down -30.44%. Nifty Stock gainers HCLTECH+104%, TCS+73%, SUNPHARMA+54%, INFY+50%, LUPIN+48%, WIPRO+41% while losers in Nifty JPASSOCIATE -44%, JINDALSTEEL-41%, IDFC-36%, PNB-28% SBIN-26%.
ELECTION is big stimulus in India and the money spend by political parties normally boost economy, IMFL (Indian Made Foreign Liquor), Two-Wheeler, FMCG, CEMENT, MEDIA & Paper stocks normally benefit. TNPL, MCDOWELL, HEROMOT, BAJAJAUTO, ITC, RAMCOCEMENT, ZEEL few good elections play.
Few pending Nifty stocks- RELIANCE-MARUTI-INFY-WIPRO-ICICIBANK-INDUSINDBANK-HEROMOTCO-HINDALCO-KOTAKBANK-TATASTEEL-M&M
DIVISLAB- WHIRPOOL-HINDPETRO-ZEEL-TNPL-RELIANCECAPITAL-DENABANK-SIEMENS-ORIENTBANK-TVSMOTORS-SUNDARAMFIN-RECL-SWARAJENGINE-IL&FSTRANSPORT-LICHOUSING-M&MFINANCE-SKSMICROFINANCE
Pick for 2014
Large Cap-MARUTI—INFY—KOTAKBANK—HINDALCO—WIPRO
DIVISLAB—WHIRLPOOL—TNPL—RECL--SWARAJENGINE
We hold our Top pick for Diwali---Given on 25th October
L&T –ICICIBANK---TATASTEEL—RELIANCE—M&M
TVSMOT---RELIANCE CAP---LICHOUSING---CADILA-SIEMENS
A.K.Prabhakar