Sanjiv Bhasin, Director at IIFL Securities, is bullish on three stocks: Reliance, AU Bank, and Tata Power. He believes that if the market is to reach 20,000, Reliance must rise above Rs 2,600. Bhasin also highlights the strong performance of AU Bank and the potential of Tata Power in the green energy sector. In addition, Bhasin suggests that the current market fear could be a good entry point for Adani Ports, as CLSA believes the recent drop in stock price is only a minor setback.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles