Among the recent results of HDFC Bank, Kotak Bank, and IndusInd Bank, ICICI Bank stands out due to its realistic commentary and reasonable valuations. Sandip Sabharwal also expects a positive outlook for L&T’s overall order booking guidance and execution, as well as the potential for a buyback. Despite L&T’s strong performance, it remains an under-owned stock among institutional investors.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not