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Market expert Sandip Sabharwal identifies ICICI, Axis, and Kotak as top banking picks, citing upside potential. He also sees value in infrastructure stocks like NCC and Ahluwalia Contracts, while highlighting Indian Hotels as a standout in the hospitality sector. Sabharwal advises caution on IPOs, warning of overvaluation and potential retail investor pitfalls.
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News and Media
Swiggy's stock has fallen 36% from its peak, returning nearly to its IPO price of Rs 390. Despite a 54% revenue jump, the company's net loss widened to Rs 1,092 crore in Q2FY26, primarily due to quick commerce expansion. Brokerages remain divided on its future prospects.
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News and Media
Private sector banks are struggling to keep pace with market value, as their valuations are already high, leaving little room for error. In contrast, public sector banks are benefiting from reforms, potential capital limit increases, and consolidation, positioning them well for the upcoming private capex cycle.
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News and Media
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