Theory of Random Stock Picking Portfolio Month end Update....as mentioned earlier about the stock picking exercise. I have listed the Diwali picks of some of the leading brokerages in India. I have made a list of those stocks and then used our nursery rhyme Inki Pinki Ponki and selected 10 stocks. Equal investment of 1 lakh has been made in each of these stocks as shown in table.
I will be tracking this portfolio against the benchmark Nifty and hopefully my guess is that this portfolio by next Diwali should beat the Nifty Index...
Note - That this is just a fun exercise and not any attempt to prove anyone or anything right or wrong
The lesson so far - Just sit back and buy the nifty ....offcourse things can change very quickly in the market but for now the mid caps and most large caps are taking it on their chin with the rally restricted to a few of the index heavy weights which are driving the index up north
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