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Brokerage says Bhasin's contract was discontinued from June 17 and that Bhasin informed the brokerage about Sebi's enquiry
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The first 15 days of April have made up for all the pessimism of February and March, says IIFL Finance’s Sanjiv Bhasin. He believes that the market might hit new highs in May 2023.
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Sanjiv Bhasin, Executive Vice President, Markets, IIFL expects year-end Nifty rally after October to see 10,500 by 31st December. So he would expect a Rahul Dravid type steady approach on the Nifty. Slow but sure.
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Sanjiv Bhasin of IIFL suggests buying Tata Global on dips and sees 20 percent upside in United Spirits while he is bullish on NBCC and EIL.
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It was a fantastic week for Dalal Street but not a fantastic end. The markets finally snapped a four day record closing to end flat for the weekend. We'll discuss all the market action as well as help you decide whether you should buy, sell or sit tight in this market as our market experts, Ashwani Gujral of ashwanigujral.com and Sanjiv Bhasin of IIFL answer all your stock queries.
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Sanjiv Bhasin Executive VP-Markets & Corporate Affairs IIFL is of the view that one can buy ITC on dips.
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However, savvy investors have now started selectively looking at the stocks. Sanjiv Bhasin, Executive VP, Market & Corporate Affairs, IIFL in an interview with Moneycontrol said: “Banking is in a very sweet spot after being awash with liquidity and the government is very proactively looking at the asset quality crisis.”
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Watch the interview of Sudarshan Sukhani, Ashwani Gujral, Mitessh Thakkar, Prakash Gaba, Sanjiv Bhasin and Hemant Thukral with Anuj Singhal and Sonia Shenoy on CNBC-TV18.
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At Rs 295-299 per share, the Initial Public Offering of Avenue Supermarts - the parent of retail chain D-Mart - has been priced to perfection, according to Sanjiv Bhasin of IIFL.
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In an interview to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
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Watch the interview of Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba, Sanjiv Bhasin and Amit Gupta with Latha Venkatesh and Sonia Shenoy on CNBC-TV18.
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In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
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Watch the interview of Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba, Sanjiv Bhasin and Chandan Taparia with Anuj Singhal and Latha Venkatesh on CNBC-TV18.
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Giving his outlook on tomorrow's trade, Prakash Gaba of prakashgaba.com said, "The bar that is generated now is an indecisive bar, very close to a double top and tomorrow is a F&O expiry week. I think upside 9000 is still a psychological resistance, difficult crossing that tomorrow."
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Sanjiv Bhasin of IIFL is of the view that Bharti Airtel is the top pick in the telecom space.
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Cognizant's guidance of 8-10 percent revenue growth for 2017 is a silver lining for the Indian IT sector which has been reeling under a lot of pressure, said Sanjiv Bhasin, Executive VP - Markets and Corporate Affairs, IIFL.
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Sanjiv Bhasin of IIFL is of the view that Engineers India may test Rs 200 in next 6 months.
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Sanjiv Bhasin of IIFL is of the view that Sun TV Network is a very good play on declines.
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Sanjiv Bhasin of IIFL is of the view that one can buy IRB Infra closer to Rs 215-220.
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HDFC Bank profit in third quarter grew by 15 percent to Rs 3,865.3 crore compared with Rs 3,356.84 crore in year-ago period. Net interest income increased 17.5 percent year-on-year to Rs 8,309 crore in the quarter gone by.
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HCL Technologies, one of the largest software services providers, reported profit at Rs 2,062 crore on revenue of Rs 11,814 crore for the quarter. Its earnings matched expectations.
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According to Dipan Mehta, member of BSE and NSE believes that investors should look to exit out of IT stocks as the IT industry is facing continuous pressure on margins and days of double-digit growth are gone. He added that the structure of the industry, costing pattern everything have come into question.
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Sanjiv Bhasin of IIFL suggests buying Reliance Industries on dips.
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Sanjiv Bhasin of IIFL recommends buying Maruti Suzuki and Tata Motors on declines.
