Sanjiv Bhasin discusses Kotak Bank s resilience, Bajaj Finance s challenges, and the impact of competition on their performance. Future guidance and return on equity will be crucial indicators to watch in the evolving market dynamics. Bhasin says: "RBI move overall, may not have a major impact on the earnings or the long-term visibility."
Sanjiv Bhasin says Pharma is where IT was 20 years back and it became a mainstay..He further discusses the bullish outlook on Lupin and highlights the growth prospects of pharma companies like Dr Reddys. He also comments on the potential of Indian tourism in Vietnam and the othere related sectors.
Sanjiv Bhasin says I "there is a lot of froth on the markets including the domestic market." He discusses market trends, advising caution and specific investments. He further highlights the impact of China on metals, Zomato s market performance, as well as InterGlobe s dominance despite competitor challenges, recommending strategic investment approaches.
Sanjiv Bhasin optimistic about Wipro s performance, highlighting stability concerns in largecap IT. Bandhan Bank s CEO change viewed positively for long-term growth. Market at all-time highs driven by retail participation, with focus on HDFC Bank and Bank Nifty. Bhasin also says Bank Nifty may maintain status quo for some time till earnings catch up.
Sanjiv Bhasin suggests BEL, ONGC and HDFC Bank among top ideas among largecaps. According to Bhasin, BEL stands out as the jewel in the crown for the April series and also for FY25 as a whole. He expects Bharat Electronics to hit Rs 350 in FY25 end and in this April series he expects it to touch Rs 240 at least.