It has been a mixed week for the markets. The Sensex touched a four-month high on Tuesday, only to witness profit booking at higher levels after Infosys sharply cut its FY13 dollar revenue expectation. On the global front, it had been an eventful week, with the Euro zone finance chiefs ratifying a deal to rescue Spanish lenders. However, US jobs data and cooling inflation in China exacerbated worries about sluggish global economic growth.
All four fund managers of Smart Portfolios Season 4 felt government action after the Presidential election would be the key mover for markets in the coming days. Three of the four remained active in the week to July 12.
RIKESH PARIKH
(equity strategies), Motilal Oswal Securities
Parikh was active during the period under review.He bought Tata Motors, Cairn India, ITC, NIIT Technologies,Oberoi Realty, Mcleod Russel India and Engineers India. However, he booked five to six per cent profits in Dr Reddy’s Laboratories and Deepak Fertilisers & Petrochemicals Corp.
His current top holdings include Lupin, HCL Technologies, Engineers India, Oberoi Realty and ICICI Bank. The net worth is Rs 10.26 lakh, up 2.7 per cent.
| RIKESH PARIKH | |||
| Top holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Lupin | 538.82 | 552.00 | 0.69 |
| HCL Technologies | 495.96 | 481.20 | 0.60 |
| Engineers India | 244.39 | 233.50 | 0.58 |
| Oberoi Realty | 244.13 | 231.55 | 0.58 |
| ICICI Bank | 853.73 | 927.85 | 0.56 |
| Total investments | 7.00 | ||
| Cash | 3.26 | ||
| Net worth | 10.26 | ||
ASHISH MITTAL
Fund Manager (PMS), Centrum Wealth
Mittal churned the least during the week. He bought Axis Bank and Cairn India, while selling off HDFC Bank and Bombay Burmah Trading Corporation, His top holdings, as of now, include Balmer Lawrie & Company, Karur Vysya Bank, Tide Water Oil Co (I), Unichem Laboratories and Coal India.
Mittal’s net worth is Rs 10.55 lakh, up 5.6 per cent.
| ASHISH MITTAL | |||
| Top holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Balmer Lawrie & Company | 618.48 | 592.05 | 0.77 |
| Unichem Laboratories | 144.82 | 135.65 | 0.75 |
| Tide Water Oil Co(I) | 6,988.28 | 7,425.40 | 0.74 |
| Karur Vysya Bank | 372.59 | 433.05 | 0.74 |
| Coal India | 337.72 | 354.35 | 0.6 |
| Total investments | 9.21 | ||
| Cash | 1.34 | ||
| Net worth | 10.55 | ||
ALEX MATHEWS
Head (technical and derivatives research),Geojit BNP Paribas Financial Services
Mathews carried out several transactions through the week, with almost all of these being on the sell side. TCS, Raymond, BF Utilities,TTK Prestige, Unichem Laboratories,Pantaloon Retail (India), SKS Microfinance, ICICI Bank,Axis Bank,Bank of India,State Bank of India, Mcleod Russel India,Tech Mahindra, Larsen & Toubro, Thomas Cook (India)and MMTC were the scrips squared off.
Manappuram Finance, 3i Infotech and Financial Technologies (India) were the buys during the period under review. His top holdings, as of now, include CRISIL,Tata Coffee,Development Credit Bank, Britannia Industries and Bajaj Holdings & Investment. Mathews’ net worth is Rs 9.76 lakh, down 2.4 per cent.
| ALEX MATHEWS | |||
| Top holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| CRISIL | 1,071.07 | 1,067.15 | 0.96 |
| Development Credit Bank | 44.96 | 45.70 | 0.91 |
| Britannia Industries | 540.80 | 522.00 | 0.78 |
| Tata Coffee | 954.03 | 954.00 | 0.72 |
| Bajaj Holdings & Investment | 807.21 | 779.65 | 0.59 |
| Total investments | 6.10 | ||
| Cash | 3.66 | ||
| Net worth | 9.76 | ||
AJAY PARMAR
Co-head (investment banking), Emkay Global
Parmar remained inactive for the week.His current top holdings include State Bank of India, Havells India, Adani Enterprises,GMR Infrastru-cture and Essar Oil Parmar’s net worth is valued at Rs 9.68 lakh, down 3.1 per cent.
| AJAY PARMAR | |||
| Top holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| State Bank of India | 2,167.28 | 2,221.20 | 0.89 |
| Havells India | 590.05 | 576.65 | 0.58 |
| Adani Enterprises | 239.45 | 224.75 | 0.56 |
| GMR Infrastructure | 25.66 | 25.45 | 0.51 |
| Essar Oil | 53.18 | 56.85 | 0.43 |
| Total investments | 9.53 | ||
| Cash | 0.15 | ||
| Net worth | 9.68 | ||
For Smart Portfolios, visit www.smartinvestor.in/sp
