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Try and buy the CPSE ETF; Bajaj Auto, FACT good buys on dips: Sanjiv Bhasin
Sanjiv Bhasin, Director at IIFL Securities, suggests being selective in investing in Public Sector Undertakings (PSUs) due to the recent run-up in their prices. However, Bhasin recommends buying the CPSE ETF for exposure to blue-chip PSU stocks. He also expects strong earnings from Bajaj Auto, citing their position as the largest exporter of two-wheelers and increased demand for their products. Bhasin advises buying Bajaj Auto on any declines towards Rs 5,000.
