Sanjiv Bhasin believes new highs are here to stay and expects PNB, Canara Bank, Union Bank, and Dhanalakshmi Bank to perform well. He also highlights the positive numbers from ICICI and suggests now is a prudent time to buy HDFC Bank. Bhasin mentions the potential for a 200-300 point rally in the Nifty due to value-buying and short-covering. He suggests looking at PSU banks, FMCG, select auto stocks, and Nestle for outperformance.
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