Tuesday, March 4, 2014

Portfolio performance

Markets are trading near day's high. Sensex at 21,180 after earlier gaining as much as 275 points; Nifty at 6,287 after earlier rising to 6,299.75. Rupee pulls back to 61.83 after earlier falling to as low as 62.14 per dollar. 
Excella Trader made a portfolio of five stocks and we conveyed this to our readers. 
We have seen a follow up buying in Tataelxi in morning. Hindalco became the super performer in Nifty. Hexaware was the replacement we made for tata elxi for this month. We are slowly reducing Tataelxi and increasing Hexaware expecting a target of Rs. 180. Our losing stock is JP associates. After the disposal of assets to TAQA an Abudhabi stock exchange listed company . JP valuation undergone considerable change. But still we are holding it for March. 
Metal sector stocks were on the ascendant in morning trade on Tuesday.  Hindalco Industries led the pack with 4.21 per cent gains. 
We have rationale for structuring this portfolio 

Watch how we made a super rich portfolio

Hexaware 2.88%
Hindalco 4.21%
JP associates -2.10%
Tataelxi 2.50%
Voltas 1.45%

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