Dear All, *As indices have been falling recently, slowly LIC has bought some stocks; mainly they are banks which have faced most of the selling pressure.*
*Companies where LIC has raised stakes recently** (Source: Various news reports)*** Stock Stake hiked to (%) ICICI Bank *9.38* GAIL *9.98* IOB *7.09* HDFC Bank *7.105* PNB *10* As an investor, you should not get tired of buying. Peter Lynch once said, "When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom." Bear market is the best time to build a portfolio. Those who miss out on such opportunities, have to beg for corrections so that they can get a chance to buy, but they hardly get any offerings. The time is not too far for the rally. Better to be a beneficiary of a bull-run than a beggar of a bull-run. Regards, Tanmay G Purohit --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
