According to Sandip Sabharwal, there is no rush to buy HDFC Bank as its CASA picture does not look good, margin squeeze could be worse than expected, and the NPA picture is uncertain. Sabharwal believes that domestic-oriented sectors like aviation and hotels will continue to perform well. He also suggests caution in technology and commodities sectors, while mentioning that cement may face cost pressures. He advises short-term investors to consider cash.
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