Sanjiv Bhasin, director of IIFL Securities, shared his views and outlook on markets with CNBC-TV18. He spoke about stocks like Tata Global Beverages, Bandhan Bank, Mindtree and Wipro.
“Tata Global Beverages has been an outlier. Tata Global has been one of the best-performing stocks. That has been one of our coverage stocks along with Tata Chemical and Rallis India and we think there is a lot of value in a lot of Tata Group stocks which is surely but slowly going to get unlocked in 2020,” said Bhasin.
On Bandhan Bank, Bhasin said, “Bandhan is a leader in the front and their new merger with Gruh Finance should now play out on the low-cost housing. This is going to be one stock to be bought on the decline or accumulate for outperformance in this year."
In the infrastructure space, India Cements, ACC, Ambuja Cements, UltraTech Cement are among his top picks.
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