Stay in stocks, Peak 19K is coming; time to own both IndusInd and HDFC Bank: Sanjiv Bhasin

IIFL Securities’ Sanjiv Bhasin recommends owning both IndusInd and HDFC Bank because of their strong return on equity, return on capital, and branch expansions. He also believes that Zomato is a “no-brainer” for the restaurant business and Paytm can be a huge outperformer with its financial arm in the offing. Bhasin agrees that the electronics manufacturing industry is in a sweet spot and companies like Havells and Voltas are doing extremely well. Additionally, he prefers IndusInd Bank, which he has personally invested in.