Sanjiv Bhasin on 5 large and midcaps to pick in Samvat 2079

“Two largecaps to go for are ICICI Bank and UltraTech Cement. ICICI has been a stellar bank as far as the liability franchise, the NIMs and the asset quality are concerned and retail flows have been the saviour of this market. One can also add an UltraTech Cement where the numbers were slightly below expectation because of the extended monsoon.”

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