Sandip Sabharwal discusses various market aspects including Kotak Bank s potential amidst a correction, private banking preferences, power sector insights, CVs sector observations, and the situation with Godrej Properties. He also comments on recent earnings performances in the IT sector. Sabharwal says: "This correction in Kotak Bank could possibly take it to levels where it becomes a buy candidate sooner than later."
CA Rudramurthy BV predicts Nifty to rise to 23,000-23,200 and Bank Nifty to 50,000 in April. He recommends buying on dips, especially emphasizing opportunities in public sector enterprises, power stocks, and specific companies in the real estate sector. He further says: " Trent is a buy on every dip or at any price and hold it in your portfolio."
Some players are again making a case for buy-the-dips strategy, saying that March has traditionally seen sharp corrections because of some negative development coinciding with advance tax-related liquidity crunch
“PSU stocks have witnessed a robust recovery, indicating further upside potential. Key stocks like Canara Bank and BHEL exhibit strong buying interest, with targets towards 590-600 and 2% stop-losses,” says Rajesh Palviya.