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Sanjiv Bhasin of IIFL Securities is bullish on Hindustan Copper, HPCL, ONGC, IRCTC, Concor, Century Textiles' foray into real estate, and ITC's future prospects. He advises caution in PSU banks and railway stocks, while emphasizing the potential in the banking sector and the need for quality construction in real estate.
Xpro India's shares have surged from ₹48.70 to ₹1,077 in the last three years, resulting in significant wealth creation for its shareholders.
Rishi Kohli, Managing Partner & CIO – Hedge Fund Strategies at InCred Alternative Investments Pvt Ltd., believes that banking and IT sectors will continue to offer opportunities to buy on dips due to volatility. He is most bullish on the infra and metals sectors for the next 3-5 years, and predicts that PSU banks will outperform private banks.
India's per capita GDP growth to $5,000 will drive growth across sectors. Sunrise sectors like renewables and nuclear will grow rapidly. EVs, December quarter earnings, and PSU/PSE stocks are expected to generate wealth. Risk factors include geopolitical tensions and recession. Good buy-on-dips opportunities in the energy sector and sectors like banks, auto, cement, power, and pharma.
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