Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin

Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says “Reliance and HDFC Bank are poised to drive this market higher. Crude being where it is, you can add a lot of the tyre, paint stocks, so there are enough legs to put the market higher. Bank Nifty may take a day or so of consolidation. But all dips … Read more

Tailwinds are back? 5 stocks from auto ancillary space with an upside potential up to 26%

Tailwinds are back? 5 stocks from auto ancillary space with an upside potential up to 26%

Lumax Industries Limited is a company that is engaged in the business of manufacturing, trading and supply of auto components, mainly automotive lighting systems for four-wheeler and two-wheeler vehicles. Synopsis While it might surprise many, the fact is that the majority of sales in the auto industry are financed through an auto loan. That is … Read more