Sanjiv Bhasin suggests focusing on Marico, Nestle, Hindustan Lever as top FMCG picks, adding Godrej Consumer. Largecap private banks like HDFC, ICICI, Kotak, Axis, IndusInd are recommended amidst various market dynamics and sector-specific opportunities. Bhasin says the wealth effect means real estate is the real play. Along with that, FMCG and IT will now be more defensive with pharma as a constituent for the index till the results.
Sanjiv Bhasin advises on market recovery, consumer stock investment, and potential buys such as Rattan Power, Coal India, Coforge, and Bajaj Finserv. He also highlights FII impact and Kotak Bank s analysis. Bhasin says: "We have an accumulate on Kotak Bank and we think this is a very good time as most of the negatives are priced in, the positives will be outweighed but time will have to be given over here."
Customer Says Bank of America Closed Accounts Without Consent dailydot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailydot.com Daily Mail and Mail on Sunday newspapers.
Sanjiv Bhasin emphasizes power stock picks, including RattanIndia. In auto sector, he would focus on Maruti and Ashok Leyland. PSU banks performance assessed. Cement sector potential highlighted. Concor is singled out as a dark horse in the railway stock segment. He also says that UltraTech, Ambuja are two cement stocks which should be in the portfolio.
Aditya Arora predicts a global-led rally with high targets for Nifty and Bank Nifty. Broad market recovery seen, with specific stock recommendations in the PSU and commodity sectors. Momentum stocks are performing well. Arora also says: "Although it has disappointed a lot of analysts, from here, it is a very good value buy and IDFC First could be bought from here at Rs 76.35; stop loss must be at Rs 74.80 and target would be Rs 79-83."