Sanjiv Bhasin of IIFL has ITC, Infosys, Dr Reddy's Labs and NBCC as the top picks.
Sanjiv Bhasin of IIFL is of the view that one can pick Reliance Power, Power Grid and NTPC and is overweight on Coal India.
Sanjiv Bhasin of IIFL has an overwweight stance on HDFC and LIC Housing Finance and likes Gruh Finance.
Sanjiv Bhasin of IIFL has State Bank of India, Bank of Baroda and IndusInd Bank and is bullish on Karur Vysya Bank.
In an interview to CNBC-TV18 Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL shared his reading and outlook on the market.
Sanjiv Bhasin of IIFL recommends buying Bharti Airtel on dips while Idea Cellular can give 10-12 percent upside given that all the weak hands are out of the system.
Sanjiv Bhasin of IIFL is of the view that Bajaj Finance, HDFC and Satin Creditcare are the top favourites from the financial space.
According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.
Sanjiv Bhasin of IIFL is of the view that Bharti Airtel would be a buy closer to Rs 300-305.
Sanjiv Bhasin of IIFL is of the view that one may prefer ICICI Bank, SBI and IndusInd Bank from the banking space and has a positive view on Satin Credit Care.
Sanjiv Bhasin of IIFL is of the view that one can buy Tata Motors, Hindalco Industries, State Bank of India, UltraTech Cement and Dr Reddy's Laboratories.
Sanjiv Bhasin of IIFL is of the view that JK Lakshmi Cement, UltraTech Cement and Ambuja Cements are the top picks from the cement space.
Sanjiv Bhasin of IIFL is of the view that Tata Motors, Ashok Leyland, Eicher Motors and Shriram Transport are the favourite stocks.
Sanjiv Bhasin of IIFL recommends buying Hindalco Industries and is bullish on Coal India, Reliance Industries and State bank of India.
Sanjiv Bhasin of IIFL is of the view that one can prefer State Bank of India, Canara Bank, Bank of Baroda and Punjab National Bank.
Sanjiv Bhasin of IIFL recommends buying ITC, Pidilite Industries on decline.