Manas Jaiswal of manasjaiswal.com feels any dip in the market is a great buying opportunity, as Nifty can breach records and soar higher backed by banking stocks.
In an interview with CNBC-TV18's Sonia Shenoy and Senthil Chengalvarayan, Dilip Bhat of Prabhudas Lilladher, Pashupati Advani of NBIE along with Manas Jaiswal of manasjaiswal.com share their outlook on various stock specific bets and where the market is headed hereon.
According to Jaiswal, there is a clear breakout in the market with higher tops and higher bottoms. Going ahead, he believes Nifty has potential to touch its all-time high of 8625 and investors must go long at current levels with a stop loss at 8280.
Furthermore, he feels any dip in the market is a great buying opportunity, as Nifty can breach records and soar higher backed by banking stocks.
Advani too has very high policy expectations from the ongoing bankers meet. He sees a lot of goods stuff entering the markets, as a number of RHPs are being filed. He advises investors to keep an eye on them and see what they have to offer.
Meanwhile, Bhat remains upbeat on housing finance companies, mainly HDFC as it does not seem overly expensive. Besides, he see market routing from HDFC Bank , L&T , PSU banks, Lupin , Cipla and Glenmark in the frontlines.
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