Time to book some profit in real estate, auto stocks and Vodafone; 2 stocks to buy now: Sanjiv Bhasin January 2nd, 2024 11:27 Sanjiv Bhasin says: “Be cautious of some of the outstretched valuation and when you get these big brokerage calls of absurd returns, you should be selling. Right now, if I have comfort it is in some of the PSU oil marketing companies, some of the pharma names. And if you want I can suggest two names which I think can outperform from here.”
24K in 2024? Nifty can deliver double-digit returns, says Jefferies, adds Adani Ports January 2nd, 2024 11:27 "Nifty is now 20x 1-year forward - higher than the past 10-year average, but relative to EM (ex-China) the premium at 67% is only somewhat higher than the historical average. Also, on a PEG basis, the Indian market appears reasonable," said Jefferies.