Posts in category All News
Welspun Investments and Commercials Limited – Annual General Meeting Updates (16-09-2015)
Govt to set up 300 cluster of Smart Villages by 2020 (16-09-2015)
Top mutual fund news of the day- September 16, 2015 (16-09-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-07/31/full/mutual-funds-1438349359-5991300.jpg)
Sun Pharma to acquire InSite Vision; jumps 2.4% (16-09-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-04/13/full/sun-pharma-1428905942-4297300.jpg)
ONGC ends flat; makes new discovery in KG-D5 basin (16-09-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-02/23/full/ongc-1424685603-1658300.jpg)
Back on track! Nifty just shy of 7900 mark (16-09-2015)
![](http://10.0.1.104:85/_media/iifl/img/misc/2015-08/27/full/touch-pad-with-stock-chart-1440658101-2032300.jpg)
Suzuki to buy back Volkswagen stake for $3.9 bn (16-09-2015)
Varun 2020 portfolio – 2 strategies (16-09-2015)
Facing corrections -
I am now in the markets for last 3.5 yrs and faced severe corrections at least twice / thrice. It has made me a much better investor as every time when the downturn is over I come out stronger from it when the markets turns. I take this as an opportunity to churn the portfolio a little by adding up high conviction stocks where you were always waiting as market was rising and rising and at the same time getting out of certain stocks if the story is not as compelling as the new additions. Mostly I feel I end up adding the stocks rather than selling.
In the first market correction I ended up buying Vguard, NRB Bearings, Bayer crop Science and Marico while getting out of Tata Global beverages and ICICI bank which have worked out very well and till now I hold all these stocks.
In the second market correction I bought Tata Elxsi, Agro tech foods, United Spirits.
In the ongoing correction I am adding Supreme Industries, Axis bank, Care Ratings and Aarti Drugs. Got out of Syngene.
Mentally if one adjusts to see correction as an opportunity to make one's portfolio top notch then it really works wonder. It also teaches us to have some cash reserves always ready no matter what.