Sanjiv Bhasin, the director of IIFL Securities, has said that the recent rally in the stock market is not going to stop anytime soon. Speaking to CNBC-TV18, Bhasin stated that as long as all bears do not surrender, the market will not stop rising. He believes that the market is in a strong position at least until 15 June. Bhasin has been bullish on the Indian market, citing strong results from most companies in the fourth quarter and an improving global economic situation, which has helped to improve sentiment in the market.
Bold H3 Subheading: Bhasin Predicts Continued Bullish Run in Indian Stock Market
Summary:
– Bhasin believes that the market will not stop rising until all bears surrender.
– He is bullish on the Indian market, citing strong Q4 results and an improving global economic situation.
– Bhasin predicts that the market will remain strong until at least 15 June.
– He advises investors to stay invested in the market, as it is the only way to make money.
– Bhasin recommends reducing your stake in the market during this strong environment.
– He also recommends investing in GMR Airports, which he believes is a good stock due to the company’s efforts to reduce debt, increasing international travel from Hyderabad, and additional revenue sources from airports.
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