Technology

Indian stock market was down sharply during the month as the BSE 100 index was
down by 5.9% for the month of June. Post the sharp fall in the month of June
markets have now given up its entire gains for the calender year with the index up
by just 0.5% since the beginning of the year.

We recommend our top picks as it has outperformed the benchmark BSE 100
significantly since inception. All of our top picks are backed by sound business
model and are likely to do well in coming years. We continue to remain
positive on consumer (both discretionary and non discretionary) space and
private sector banks (both corporate and retail).

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