Sanjiv Bhasin, Director, IIFL Securities, says “new highs are here to stay. PNB, Canara Bank, Union Bank and Dhanalakshmi Bank will be the next performers. ICICI numbers are very sweet. If you had missed out on HDFC Bank earlier as it was over owned by FIIs, it is a very, very prudent time to buy it.” After almost 24 hours after the vote on account, people are getting to terms that yes, it was indeed a decent budget. They were not here to please the masses. It is a fiscally very prudent budget. And probably that is why you are looking at a big bump up as far as the indicative number is concerned of the GIFT-Nifty. New highs are here!Sanjiv Bhasin: Markets are in fine fettle. The Fed…
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