Sanjiv Bhasin’s Big Advice on Stocks: Insights Revealed!
Monday’s market vibe? Pretty flat. But don’t let that fool you. We’ve got action in the stock-specific scenes. Banks are catching some gains, while the auto index feels the pressure. Experts are eyeing the Nifty to break past 21850 for a bullish signal.
Sanjeev Bhasin’s Take
Enter Sanjeev Bhasin, the market guru. His mantra? Stick to large caps, no matter where you’re investing. And he’s bullish on the power sector, seeing it as the next big thing. Thanks to the Power Minister’s smooth moves, the sector’s gearing up for a win, even if it’s in the overbought zone right now.
Hero MotoCorp’s Rally
Hero MotoCorp’s latest results? Better than ever. Bhasin wasn’t surprised, though. The two-wheeler titan’s been killing it, but after hitting the 5000 Rs mark, it’s taking a breather with some profit booking.
ONGC’s Potential
Bhasin’s energy pick? ONGC. Despite a recent rally to Rs 275, he sees more room to grow, suggesting a buy on dips. Monday saw ONGC dip 3%, trading at Rs 259. Bhasin’s advice? Grab ONGC on every dip. For those already holding, it’s time to double down.
Strategy Speaks
In a nutshell, Bhasin’s strategy is clear: target sectors and stocks with growth potential, and don’t shy away from buying the dips, especially in robust sectors like energy. Whether you’re a seasoned investor or a GenZ trader, these insights can help navigate the volatile waves of the stock market.
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