Book partial profits in LIC Housing Finance: Ambareesh Baliga
"I would possibly look at booking partial profits because again today it has moved up basically on that news of the fund which they will be floating."
By 
| Updated:
| Updated: Ambareesh Baliga, COO, Way2Wealth Brokers Pvt. Ltd. in an interview with ET Now talks about LIC Housing Finance.
What do you do with an LIC Housing Finance or a GIC if you bought it around those times when the stock started going down?
In fact we actually bought it at that point of time when there was adverse news of the CEO getting arrested so I think at these levels I would possibly look at booking partial profits because again today it has moved up basically on that news of the fund which they will be floating. At these levels it make sense to book out partially which we will do.
What do you do with an LIC Housing Finance or a GIC if you bought it around those times when the stock started going down?
In fact we actually bought it at that point of time when there was adverse news of the CEO getting arrested so I think at these levels I would possibly look at booking partial profits because again today it has moved up basically on that news of the fund which they will be floating. At these levels it make sense to book out partially which we will do.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Markets poised for a positive run if geopolitical risks ease: Ambareesh BaligaADVERTISEMENT
