“You have got a good rainfall, inflation is under control and I think the choice and aspiration of growing to bigger banks is growing. I continue to think Hindustan Lever on any correction, so as Marico and Nestle, but our two outperformers there are going to be Bata and Patanjali,” says Sanjiv Bhasin, Director, IIFL … Read more
“The excesses were created on Monday because of the exit poll getting it all wrong and people leveraging in PSUs and so on of defence. I always held the view that defence and railways were overpriced to 2027 level and PSU selective are very-very frothy,” says Sanjiv Bhasin, Director, IIFL Securities.Real slam dunk for the … Read more
“Three rate cuts were not there on the card three months back, now there are three rate cuts. Yields are softening, so there will still be humbug whether it is March or April,” says Sanjiv Bhasin, Director, IIFL Securities.It appears that overnight things have turned amber there in the US, in last sort of trade … Read more
Sanjiv Bhasin, Director, IIFL Securities, says in the microfinance space, AU Small Finance deserves a relook. It was trading below Rs 700. I gave that as one of my Diwali picks at Rs 670, 680. They are progressing very well on their digital apps. Then, look at AB Capital, that is another NBFC which has … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “Idea can be a very good takeover target or there could be a strategic buyout. Idea is going to go to 22-25. So, take a small punt. I think Idea can be a very big wealth creator if my call is correct. So, 22-25 on Idea betting on a … Read more
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
As the number of Covid cases in the second wave appears to have peaked out, the bulls are gradually returning to Dalal Street. The focus of the market is now turning towards recovery bets – stocks that will benefit the most as localised lockdowns ease and economic activities gather pace. In this edition of Tweet … Read more