Key Points
Sanjiv Bhasin, Director, IIFL Securities, says ONGC and HDFC Bank continue to be top ideas in a largecap-led rally because now it is time they both started to perform..
However, the jewel in the crown is going to be BEL because in April, PSUs will outperform on the back of results and after a small bit of correction in which BEL hardly corrected..
But now, we are on the edge of a very good earning season which will be led by BEL, ONGC and HDFC Bank...
Bharat Electronics for me is a Rs 350 stock by this year end and in this April series I am looking at Rs 240 at least..
