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Sanjiv Bhasin | Sanjiv Bhasin portfolio: Book profit in Modi stocks; go for 3 themes that will outperform now: Sanjiv Bhasin

CLSA has labeled certain stocks as Modi stocks which have performed well recently. Sanjiv Bhasin from IIFL Securities suggests booking profits in these stocks, especially PSUs. He recommends focusing on FMCG, private banks, and specialty chemicals for better performance. He also says if one is interested in pharma stocks, it is better to buy a pharma fund.

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Stocks in news: Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info Systems

India s largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a final dividend of Rs 6 per share.

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