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Let weakness be the buying point! Sanjiv Bhasin’s 3 long-term stock picks
Sanjiv Bhasin, Director of IIFL Securities, is bullish on largecap stocks and recommends overweighting the Nifty and Bank Nifty due to factors such as falling yields, a weakening dollar, and falling oil prices. He believes there will be a significant amount of pent-up buying in the range of 19,100 to 19,300. Bhasin also shares three stock ideas for the longer term: ABSL AMC, Devyani International, and Idea. He believes these stocks have the potential for significant growth and urges investors to take advantage of the current weakness in the market.