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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." ....
Sanjiv Bhasin advises investing in undervalued FMCG stocks like Dabur, Lever, Marico, Nestle. Emphasizes that market correction is likely in the second week of May. Recommends caution, stock specificity amid positive cues, lifting of curbs, and speedy resolutions. Bhasin also says: "Coforge is a very good takeover target. I do not rule out 5,500 coming to Coforge in the next month or so." ....
PFC was among the top gainers on the Nifty PSE index, gaining around seven percent. In the last one year, the stock has delivered multibagger returns of 237 percent, outperforming benchmark Nifty 50 ....
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. ....