Can’t build case of HDFC Bank stock rallying hugely in short run: Sandip Sabharwal

“There is some news that because of this merger, huge headway gets created because of which foreign funds will have to buy because of the foreign indices. I think those are the technical factors which might be supported in the near term. But longer term we will need to see how the entire merger plays out and to that extent, building in a case that the stock can rally hugely from here in the short run might not be the right one.”