Be overweight on 3 largecaps now; bet on 2 midcap dark horses: Sanjiv Bhasin

Be overweight on 3 largecaps now; bet on 2 midcap dark horses: Sanjiv Bhasin

Sanjiv Bhasin, Director, IIFL Securities, says “ this is the time to start to get overweight on Reliance, Apollo Hospital and ICICI. Apollo Hospital is seeing peer groups which are getting listed and their market cap move up whereas this stock has done nothing. Bhasin further says Tata Tele would be the first of two … Read more

Power stocks surge amid policy push to drive demand for energy

Power stocks surge amid policy push to drive demand for energy

Mumbai: Power stocks were among the top gainers on Tuesday, riding the bullish momentum in the past month, as investors bet that the government’s increased thrust on manufacturing would boost the demand for energy. The BSE Power Index, which gained 10% in the last month, rose 1.5% on Tuesday. Analysts believe the favourable government policies … Read more