InvestorQ : Hi Dikshi, what is your view on the open stock positions at this point of time? Do you suggest exiting any position?
rhea Babu made post

Hi Dikshi, what is your view on the open stock positions at this point of time? Do you suggest exiting any position?

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diksha shah answered.
9 months ago
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On Friday, many of you had raised concerns about the future of UPL and whether you should be holding the stock. Let us go by the management clarifications for now. To begin with, it is not a real worry as these are just a repeat of the allegations of 2017.

Therefore, I had on Friday suggested to average UPL at lower prices and that idea still holds. I am not suggesting making any other change to your holdings as the open positions have been cut down drastically. I still hold on to the view to hedge your positions with puts.

Post the IIP numbers, there is optimism in manufacturing. The stocks to watch would be in sectors like metals, capital goods and construction where the order flows would be getting better in the next few months. This could be a case of sector rotation happening.

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