Key Points
Sanjiv Bhasin, Director, IIFL Securities, says I used to say that the day we make 4.4%, all hell will break loose on the US bond market and that is what is evident..
The big banks are going to take the cake..
Bank Nifty was a precursor to what is going to happen on Sunday but it is a buying opportunity. Too much is made in one day on not a small, but a rather cautionary note which is very good for the banking sector..
Now, there are some issues on the FDA inspection, but I think all declines will be a buying opportunity. We are aware that there is almost a stake change which is very much on the cards and that would mean that the valuation of Cipla will be on the higher side..
If you hesitate, then you are missing the chances of getting onto one of the largest fintechs which can be a huge outperformer, do not measure it on a quarterly basis because there are a lot of private equity and other holders who will be lured to sell it on rallies but PB Fintech and Paytm can double from here in the next two years...
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