Sandip Sabharwal discusses various market aspects including Kotak Bank s potential amidst a correction, private banking preferences, power sector insights, CVs sector observations, and the situation with Godrej Properties. He also comments on recent earnings performances in the IT sector. Sabharwal says: "This correction in Kotak Bank could possibly take it to levels where it becomes a buy candidate sooner than later."
Sandip Sabharwal advises a mix of consumer companies for potential growth. He highlights the recovery in metals driven by China and the buying opportunities in stocks like Kotak and Dabur. Further he says: "The opportunity overall in the broader market will remain, but there are segments of significant overvaluation also. "
Sandip Sabharwal expresses concerns about the IT sector due to unclear growth trends and excessively bullish management on margins. In auto stocks, Maruti s resurgence cycle looks promising, while ICICI Bank stands out among private banking majors. Skipping the IT sector is advised, with cautious optimism towards Apollo Hospitals and turnaround banks.
Sandip Sabharwal highlights Axis Bank s undervaluation, potential for re-rating. Discusses RBI s ban on Kotak credit cards, online accounts. Aditya Birla Group s impact on stock prices and the caution advised in the cement sector due to pricing pressures.
It is a bull market and a lot of people are trying to play this thing. In fact, I got queries that should we sell off Bharti Airtel and move that money into Vodafone Idea.