GREAT MONTHLY RETURN IN STOCK MARKET

It is heartening to see the present Bull Run of Indian Stock Market propelled some stocks to new highs. I have come across the following table in the Paisa Builder portal of IDBI, and found the portal is beautifully designed and many features are free (link here). Only hic-up for me till now, is the charting centre, which is Java based. It look me some time to download the charts, may be connection was slow at that time. The site is worth trying.
I have included the PE of the stocks in the table for our benefit.

The fast moving scripts generally poses a problem to small investors; we tend to book profit as the earliest. Part profit booking is the prescribed method here. I generally take out the cost of my total investment and be safe (i.e. I sell 50% of my holding if the stock appreciates 100% in three month time). One can think about his own way to be in safer position as the volatility of the market will be there for some more time.

Today’s Slogan: Better to be Safer.

IT STOCKS FOLLOW CYCLE

Tomorrow is an important day for market- Infosys result day. Market is going up and on its way up catching many experts on the wrong foot. The result will determine whether the market will go further up or may pause a bit with correction.
I am dependent on the result, for the IT stock HCL Technology, I have in my portfolio.
Good result will buoy it up. Market is already anticipating some good result, seeing the movement of IT stocks in last two sessions.

Stocks follow cycle. A company grows, matures and then declines. Best time to buy a stock is when it grows. At present it is India shining story, so most Indian stocks are growing. Rate of growth depends on management and business model. Some stocks have unique business model which is difficult and even impossible to copy. A good management can change the scenario of a business.

At present the growing Indian IT industry have some very good business model and robust management, which is evident from the growth of the companies. The top five Infosys, TCS, Wipro, Satyam and HCL Technology generally lead the way for the smaller companies.

I wonder if Rakesh Jhunjhunwala has some stake in IT industry. If not, why?

We are not at par with Chinese in manufacturing sector, it is their forte. But IT and ITES is our forte, if it goes wrong, there will be some grim picture to portray. Lets keep my finger crossed and ears open, and ready for action at the drop of a hat.

Am I as nervous as the market?