- Wealth PMS (50L+)
So it’s that time of the year. Time to rollover all the contracts. I’m staying out of ICICI and Axis, but I will get back immediately after a rate cut. I’m keeping everything else on.
I’ve added to the Nifty short: it’s now a 500 quantity short rather than 200.
Bharti has lost money but I have a stop loss at 745. The rest are ok, and I expect a rally to take profits down; still, in the longer term it is good to stay short.
Since Aug 12, the porfolio is up 20%. Not too bad, but not phenomenal either.