Profit Booking Time : Year End Coming

Stock Market rose quite a lot this year from last March to this March.
You would have made lot of money but if you were also invested in sectors which didn't perform or were laggards you would be sitting at some loss in those sectors like Telecom or recent IPOs like NHPC which are below initial offering.

To reduce tax liability this is the time to book losses in them to offset the profit made this year.

Others will start doing it or has already started and stock market also has peaked so this is the time to cut off the laggard stock from the portfolio and clean it up along with reducing the tax liability.