March 2010 seems to be breeze. While all the talk about rising food prices and inflation is going on, the market seems to ignore these indicators. The global markets are slowly gaining confidence and March advance tax figures too have been encouraging!
Amidst all this, I feel if there are some profits to be taken off the table, this would be the best time. Come April and fund houses will churn portfolios and prices will see more valatility. One bad quarter will see earnings downgrades from various fund houses. I think April and May could be boring times for the market. The absence of trading opportunities may bring down volumes. As for me I am looking at Hindustan Lever with rising interest. But the question is, should I pump in more cash or replace another stock in my kitty. While I still make up my mind, anyone got better ideas?