Sanjiv Bhasin, Director, IIFL Securities, says “I am in the camp that says we may hit a crescendo. Generally, when fools buy, you should be looking to sell or book profits and when fools sell, you should be looking to buy aggressively. So, it is the total opposite of what dichotomy is, that the biggest … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “both ferrous, non-ferrous metals are looking very good. So buy a basket of stocks which include JSW Steel, Jindal, Tata Steel, not to mention that SAIL has gone into three figures, and could head towards Rs 125. Please add Hindalco as a play over there, because Novelis is performing … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “IOC, HPCL, BPCL are still looking strong. It is the whole basket of PSUs which are duly getting their recognition after many, many years. I am very optimistic that some of them will still have more steam. And that is why the PSU basket or the CPSE ETF – … Read more
Sanjiv Bhasin, Director, IIFL Securities, says “Reliance and HDFC Bank are poised to drive this market higher. Crude being where it is, you can add a lot of the tyre, paint stocks, so there are enough legs to put the market higher. Bank Nifty may take a day or so of consolidation. But all dips … Read more