Varun Saboo from Anand Rathi remains bullish on PSU banks, two-wheelers, and select pharma and hospital stocks. He highlights the potential benefits tied to rate cut cycles and sees continued value in these sectors. Though FMCG has done well recently, he advises against investing in defensive sectors while preferring growth stocks.
ESAF Small Finance Bank shares soar 11% after board approves Rs 735-crore bad loan sale to ARC
ESAF Small Finance Bank shares jumped following the board’s approval to sell non-performing loans to an asset reconstruction company. The bank also partnered with Maruti