Key Points
It is about time India started to smell the coffee and we think that the result season will bode extremely well.. Bhasin further says as we get more clarity on elections and so on, we should see one more rally coming before the election..
Cement, gold lenders, REC, PFC, midcap banks and the broader market will again start to do well, but it is going to be the Nifty which can actually spearhead on the back of Bank Nifty which I think can be a huge outperformer..
Sanjiv Bhasin: Reliance has been a bellwether, now we know that on the added front, the new entrants into their new verticals, all are going to be capital intensive, OTC has started to generate cash, but still there will be talk of how they can sell extra stake and so on...
As the spending patterns in rural India start to pick up, what has happened is there is replacement taking place in the basket from Pizza Hut, more preference against Domino's and that constant change of preferences will see some more market cap being added to Devyani...
As the process of power being an outlier has been there, all power companies have started to show positive EBITDA over a period of time, particularly the one which were servicing high debt and if power remains in this surplus generation where IRRs have improved, then that could be a real outbundling for them...
You might be interested in
It is the right time to start cherry picking in mid and smallcaps: Mihir Vora
21, Mar, 23With global economic uncertainty persisting, and central banks around the world continuing to provide liquidity to the markets, it is expected that there will be positive returns for investors in the near future, even in the event of a correction. While there are still some risks to consider, such as regional banks in the US, overall, the global economy is doing well. Indian earnings are looking robust, and while valuations are becoming attractive, there is still scope for further compression.
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.”
Sanjiv Bhasin sees Nalco doubling in a year; offers a dark horse pick
13, Feb, 24Sanjiv Bhasin highlights the strength of the cement sector, particularly UltraTech, ACC, and Ambuja. Cement is going through the roof. Look at the price. There is a cartel. 53% of market share is with five players. UltraTHe recommends buying Dalmia Cement on declines. Bhasin believes these stocks will continue to be re-rated and perform well in the current market.
Markets climb in early trade; Sensex advances nearly 300 points
24, Feb, 23Markets News: In the Sensex pack, Bajaj Finserv, Kotak Mahindra Bank, State Bank of India, Infosys, IndusInd Bank, Asian Paints, Bharti Airtel, Reliance Industries
IT earnings have not bottomed out; further correction likely: Jitendra Arora
08, Aug, 23“Fundamentally India remains a very attractive market and we will see these bouts of selling and buying by FIIs but if I were to stick my neck out and say that how do we see direction of capital over a longer period of time, I think we will see steady FII inflows.”
Pharma, not IT a proxy against weak dollar now; 4 stocks to play: Sanjiv Bhasin
05, Jan, 24Sanjiv Bhasin says: “There is enough room for ICICI Bank now to go to new highs. Do not play it for the next few days. This is one stock which should be in your portfolio for that 20% upside which will take it to that $100 billion club. This will be, by the way, the first fourth $100 billion entry.”
ITC Next: How do you turn around an elephant and make it dance?
09, Dec, 23 The other piece in ITC Next was getting structural efficiencies out of the investments we had done on ICMLs (Integrated Consumer Goods and Logistics) facilities. So we integrated the warehouses and the factories and put in automated warehouses. It is now a seamless flow from the factory into the warehouses. Your layers of handling and transportation are reduced, so you bring in efficiencies there, Puri said.
Sanjiv Bhasin is betting on 4 stocks in tech/EMS basket. Here’s why
23, Feb, 24Sanjiv Bhasin of IIFL Securities says he is bullish on HCL Tech, Wipro, Coforge, and Dixon in the IT sector. He believes Vodafone will survive and progress into 5G with capital infusion. Bhasin is positive on Grasim and Asian Paints. Indian IT companies are expected to perform well, including NVIDIA.
Take some chips off mid, smallcaps; 5 largecaps to go for now: Sanjiv Bhasin
03, Jan, 24Sanjiv Bhasin says: “There is no such thing as sitting on cash. It is better to be in largecap banks. I still like three PSUs -- IRCTC, CONCOR, and IEX and we are invested in those as a disclosure. They have just started to perform. We are up about 20% on our portfolio on these.”
What could be the market triggers for June, July and August? Anshul Saigal answers
25, May, 23Indian markets are likely to continue their rally thanks to benign liquidity, stronger-than-expected results so far in the current quarter, and diminishing pressures on pricing. Underperforming sectors such as pharmaceuticals as well as capital goods, consumer durables and defence companies offer good opportunities. Stocks of safe bets, like ITC, Britannia and HUL, are doing well due to favourable valuations and strengthening ownership in a scenario of intense uncertainty before the election.