The benchmark indices – the Sensex and Nifty ended the week in review with a fall of one per cent. The Sensex also touched its two-month low on Thursday on mounting fears of high interest rates, crude oil prices and earnings disappointment by market heavyweights like SBI.
The Smart Portfolios benchmark S&P CNX 500 index expanded last week's losses and stayed below the Rs 10-lakh threshold (initial corpus) at Rs 9.65 lakh, down 3.5 per cent since the inception of Smart Portfolios on September 1, 2010. While Shishir Bajpai was the net buyer this week, Vinay Khattar was the net seller.
AJAY PARMAR
Head Research Institutional Equities, Emkay
Ajay Parmar's net worth fell further, down 3.7 per cent from the inception of Smart Portfolios to Rs 9.63 lakh. His portfolio has performed in line with the benchmark S&P CNX as he has been pretty inactive with his portfolio.
Out of the 19 stocks he owns in this portfolio, eClerx services and Jubilant Foodworks, amongst his top 5 holdings, were the top performers with returns of over 35 per cent and 30 per cent respectively. The good performance of eClerx for the March quarter was one of the reasons for the rally in the stock.
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Torrent Pharma | 599.00 | 625.10 | 0.94 |
| Natco Pharma | 291.03 | 278.05 | 0.76 |
| eClerx Services | 546.00 | 738.15 | 0.74 |
| Jubilant Food | 535.40 | 695.90 | 0.56 |
| Mah. Holidays | 390.00 | 370.50 | 0.56 |
| Total investments | 8.51 | ||
| Cash | 1.12 | ||
| Net worth | 9.63 | ||
On the other hand, sugar stocks continued to lag behind with Bajaj Hindusthan and Shree Renuka Sugars losing over 40 per cent. Parmar currently holds Rs 1.12 lakh in cash.
SHISHIR BAJPAI
Senior Vice President, IIFL Private Wealth
Shishir Bajpai executed three trades, with two on the buy side. He bought Orchid Chemicals and Arvind and made losses of nearly one per cent on both these stocks. He sold Suzlon Energy at Rs 52.40, booking gains of close to 6 per cent on the same.
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Tata Motors | 1216.15 | 1150.85 | 1.15 |
| Prime Focus | 62.50 | 56.80 | 1.08 |
| Hind. Oil Exp. | 200.85 | 178.75 | 1.07 |
| Arvind | 71.70 | 70.95 | 1.06 |
| Usha Martin | 67.60 | 57.25 | 1.03 |
| Total investments | 12.17 | ||
| Cash | 0.01 | ||
| Net worth | 12.18 | ||
All the 12 stocks in his portfolio are making losses, the biggest loser being Himachal Futuristic down 22.5 per cent. Of the remaining stocks, 4 stocks have lost over 10 per cent since they were included in the portfolio. Bajpai is almost fully invested and his net worth stands at Rs 12.18 lakh, up 21.8 per cent.
VINAY KHATTAR
Research Head - Edelweiss Wealth Management
Vinay Khattar carried out 17 trades, of which 12 were on the sell side. Stocks like L&T, ARSS Infra, BF utilities and Mundra Port joined his list of top five investments along with IRB Infrastructure.
| Top Holdings | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| IRB Infra | 161.54 | 159.55 | 1.18 |
| L&T | 1547.50 | 1594.85 | 1.12 |
| ARSS Infra | 430.15 | 379.55 | 0.95 |
| BF Utilities | 751.00 | 747.80 | 0.75 |
| Mundra Port & SEZ | 136.55 | 144.20 | 0.72 |
| Total investments | 5.03 | ||
| Cash | 6.66 | ||
| Net worth | 11.69 | ||
Khattar invested over Rs 2 lakh in L&T and ARSS Infra cumulatively. Out of all his sell-offs, he booked gains on just two stocks, SKS Microfinance (15.8 per cent) and Berger Paints (3.8 per cent). Khattar holds Rs 6.66 lakh as cash in hand. His net worth now stands at Rs 11.69 lakh, up 16.9 per cent.
