Nothing changed in last 4 months but HDFC Life fell around 15% from 585 levels in Jan 23 to 491 in March 23 and bounced back around 10% in last 15 days or so…
No action taken so far on Life Insurance firms.
Above was summary of some new names I had “diversified/diworsified” over last 2-3 years.
Interesting to note is that the “Not OK” ones hardly recover during market recovery cycles. They do not give opportunity to rebalance.
Point to ponder – Are they doing this because they are “Not OK” or do they became “Not OK” in my mind because they are doing this 
I am very reluctantly averaging select few of the “Not OK” ones by removing the bias. Have chosen Hitachi AC, Nykaa & Spencer to do some bit of averaging at lower levels.
Have started a tracking position in Max India – Another hope stock and a second stint with Max Group. First one did not go well for me.
Right at top of hope stock watchlist is Nelco. Not sure how the new space policy might impact it and whats going on with its partnership with Telesat. They withdrew their application for Satellite broadband licence recently, so absolutely no clue whats going on.
Disc: Invested in all stocks mentioned hence biased & critical. This is not a buy/sell recommendation. Not eligible for any advice, views only for academic purposes & Learning. I can be completely wrong in all my assessments.
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