Investment gurus tend to say that smart investing is not just knowing when to buy, but when to sell. In that sense, a look at superstar investor Rakesh Jhunjhunwala's sell calls is enlightening. In the most recent filing disclosures, Jhunjhunwala cut his stakes in a range of stocks. The largest reduction of over 2.58% stake came in auto parts firm Autoline Industries, and just in time from what it looks like, with Autoline seeing a declining Trendlyne since December.
Jhunjhunwala also reduced his stake in banking stocks, cutting it by 0.94% in Karur Vysya Bank and by 0.05% in Federal Bank. His total portfolio exposure to banking is around Rs. 580 crore, a small proportion of his Rs. 13,000+ crore investments overall. Jhnujhunwala also reduced his stake in Escorts, casino firm Delta Corp and in Geojit Financial Services. For his full portfolio, click here.