The ET has reproduced Sharekhan’s Top Picks basket for October 2014. There is also fine commentary by Sharekhan on the state of the economy.
Sharekhan has churned the portfolio by replacing Apollo Tyres (up 13%) and Persistent Systems (up 28% in the last three months) with Gabriel India and Tata Consultancy Services, respectively.
The 12 stocks that have made it to Sharekhan’s Top Picks basket are Axis Bank Ltd, Federal Bank, Gabriel India Ltd, Gateway Distriparks, ICICI Bank Ltd, Larsen & Toubro Ltd, Lupin Ltd, Maruti Suzuki Ltd, Relaxo Footwear Ltd, Reliance Industries Ltd, TCS and ZEE Entertainment Ltd.
A detailed explanation on the merits of each stock is also given.