Technology

With 5.3% returns, October proved to be the best month for Indian equities in the last 19 months. While the government signalled its pro growth stance through its bank recapitalization and aggressive capex in the road infrasstrucutre, the 30 rank jump in the World Bank’s ease of doing busijess proved to be sentimental booster. While markets are at all time highs, Angel Broking’s Top Picks portfolio has shown a 30% outperformance to BSE 100 index during the last two year period. We ,maintain positive outlook on Maruti Suzuki, Asian Granito and Blue Star from consumption sector as well as on the stocks like Music Broadcast, GIC housing finance, Karur Vysa Bank, Navkar Corp, KEI Industries and Siyaram Silk Mills. We add LT Foods in the Top Picks portfolio.

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