A Year for Selective Equity ~ Diwali 2011 to Diwali 2012 ~ Continue to Stay Selective rather than play the Indices and stay Long on Gold too !

A Year for Selective Equity ~ Diwali 2011 to Diwali 2012 ~ Stay Selectively on course for Diwali 2013 

	DIWALI 2011 October 26,2011	DIWALI 2012 As we Approach it on November 13,2012	% Movement in a Year
Sensitive Indices		November 9,2012
Sensex	17289	18684	8
Nifty	5202	5686	9
Selective Equity
L & T Finance	51	64	25
Tata Global Beverages	85	170	100
Gold  US $/oz	1800	1730	(4)

Gold has been Flat for the past One Year yoy  as Europe Capital continued it’s flight into US Treasuries in 2011 and 2012  and supported the US $  ~ but 2013 it should resume it’s march into record territory over US $ 2000/oz  Indian Sensitive Indices too were largely range bound and it made little sense to play them ~ 2013 may not be much different The Strategy as recommended strongly last year was to be bottom up selective in Stocks ~ two of my favourites from 2011 and recommended more than once strongly to clients were L & T Finance Holdings and Tata Global Beverages ~ and they have not disappointed with the later surging 100% in a year and L & T Finance beginning to surge recently  and is up 25% from last Diwali  Continue to Stay Selective rather than play the Indices and stay Long on Gold too !