Key Points
Sanjiv Bhasin, Director, IIFL Securities, says in power, we would place our bets on NTPC, but REC, PFC would be our two top picks..
We think this quarters results will be the best ever in the history of the company and like I said, diversification across the board in all power verticals is seeing very good upside on revenues and net interest income and margins.. Bhasin further says is very bullish on ICICI, Axis, HDFC and Kotak and thinks Federal Bank will be a key beneficiary of expansion of gold loans..
Also, on TCS, in the last five years, they have done three buybacks and if you did tender in the buyback at a premium and did not buy, then you missed out on huge capitalisation, 2,500, 3,500, 4,500, these were the three buybacks, if I am correct and each time the market, after tendering in the buyback, the stock has been up 40% from there..
Sanjiv Bhasin: It is going to be a key negative for the tyre companies because sales have also reached a peak and if rubber prices, the way they have moved, is telling us that the commodity prices are here to stay and that is why we have been bullish on metals on the China comeback and we think that that is going to hurt margins quite substantially and you have seen the stocks particularly MRF, Apollo, CEAT, all hit all-time highs...
Along with that, we think RBL Bank is giving a very good opportunity. If you bought four-five of these largecap and midcap stocks, your portfolio should do just well.. Wealso feel that all the negativity on the higher yields and the stronger dollar is built in..
You might be interested in
After Holi, market to see a retest of previous highs; go contra on Patanjali: Sanjiv Bhasin
20, Mar, 24Sanjiv Bhasin predicts largecaps to outperform with Nifty leading. Positive on OMCs, REC, PFC. Market oversold due to Fed news and SEBI diktat. UltraTech benefits from construction season. IndusInd Bank eyes improved performance in auto sector. Bhasin further says: I expect Bank Nifty to lead the winners this time, particularly among private banks. IndusInd, ICICI, Kotak, Axis, HDFC – the whole basket is looking very strong.
Deven Choksey on 3 stocks that are going to see blockbuster listing in days to come
28, Nov, 23“The market definitely wants the larger number of sectors to play. Engineering R&D is one sector where you have likes of Tata Elxsi; you have likes of Cyient Technology, KPIT, LTI MindTree. Some of these companies which are having their niche position in that and that also adds into the Tata Technology kind of companies.”
Pick and choose from 5 must-haves that are not cheap; NTPC is a buy among PSUs: Sanjiv Bhasin
19, Feb, 24Sanjiv Bhasin, Director of IIFL Securities, is bullish on stocks like ABB, Siemens, L&T, Cummins, and Thermax. He recommends Lupin as the top play in pharma. Bhasin suggests buying MCX and IEX. In IT. he is overweight on HCL Tech, Tech Mahindra, Persistent, and Coforge. His top picks include Hero Moto, Bosch, State Bank, Canbank, PNB, REC, PFC, NTPC, and Tata Power.
Don't sell PSU stocks; no need to change strategy as govt will remain same: Ajay Srivastava
20, Jan, 24Ajay Srivastava believes that there is no need to change anything in the market. He emphasizes that it is a good place to be and that there is no requirement to reinvent the wheel or find hidden gems. He advises investors to be cautious and aware of their comfort level when investing in PSUs and railway stocks. He also highlights the importance of patience in buying and states that the government's continuity in spending will provide opportunities for investors.
Prefer to accumulate largecaps on dips, small and midcaps vulnerable to liquidity-led push: Deven Choksey
27, Sep, 23“I would rather play a little bit more carefully at this point of time. We love the price correction happening in some of the counters. That is where probably we will accumulate some of the bigger companies. The medium, small sized companies are relatively more vulnerable to the liquidity-led push in the market. And we are slightly more concerned there.”
Should you buy the dip in IT stocks? Sandip Sabharwal answers
28, Jul, 23“The next couple of years should be better for pharma companies as the pricing outlook keeps on improving and the cost pressure is moderating as well for inputs like APIs, chemicals, etc. So, generic companies or those with a good specialty portfolio, should do well in the next few years.”
Sanjiv Bhasin’s 2 bets on religious tourism; 3 cement stocks to buy
10, Jan, 24Sanjiv Bhasin says: “When it comes to religious torism, the winners are going to be Indian Hotels and IRCTC. Also, add UltraTech, Ambuja and Dalmia Bharat into your portfolio on this correction. Cement will be a no-brainer right up till the elections and you will see more cause of price hike.”
Sanjiv Bhasin on his top 4 power plays; says ONGC can be added on every dip
12, Feb, 24Sanjiv Bhasin remains overweight on ONGC, considering it the best energy stock to own in India. He expects targets of 325-350 and advises buying on any decline. In power, says would still go with Tata Power and NTPC. Also, on declines, add REC, PFC. A disclosure, all these four stocks are in their portfolio also.
Hemang Jani says no merit in going for Tata Tech IPO. Here’s why
17, Nov, 23“IREDA looks like a good bet for people who want to participate. From a sector perspective, from a group perspective, that looks quite compelling. But I am baffled by Tata Technology. I am really trying to figure out what exactly this company is trying to do and what is the purpose of doing the IPO.”
Stocks in news: Dixon, KP Energy, L&T, Tata Power, ONGC
28, Sep, 23KP Energy has commissioned a further 10.5MW (Phase-V) ISTS connected wind power project comprising 5 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka.