sandip sabharwal: If Nifty gives up 1,000 points in Oct
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sandip sabharwal: If Nifty gives up 1,000 points in Oct

Oct 09, 2023

Looking for a dark horse? This stock to be more than a double play next Diwali: Sanjiv Bhasin

Market likely to settle down after the big correction and a sectoral rotation will be at play: Mayuresh Joshi

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The government imposed restrictions on the imports of laptops, tablets and personal computers, a measure that seeks to nudge big tech companies looking to diversify production out of China to consider manufacturing in India.

Capital accumulation and enhancement in physical and digital infrastructure will drive the Indian economy to average 6.7% growth over the next eight years, doubling its size to $6.7 trillion by FY31, according to S&P Global.

Blackstone, the world’s largest private equity fund, is set to submit a non-binding bid as early as next week to acquire the entire 33.47% promoter stake in Cipla, India’s third-largest generics company by revenues, said people in the know.

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Sandip SabharwalThis market surely has managed to climb the wall of worry in April, May, June and July. What is next now?Will you be a buyer and at what level would you say this bull market is giving another good entry point? If you will buy, what will you buy?What is your take regarding Zomato? There was this famous meme doing rounds that you would rather buy tomato versus Zomato. Now, tomato has reached a price of Rs 150 and is likely to go up to Rs 300. What is your take on Zomato?My point is that if Zomato is turned around, the whole conversation would be will others turn around? There was a time when everyone thought that these companies will never make money, they will always have a negative cash flow, there will always be a fat loss. If Zomato can turn around, could others also turn around sooner than later?You track Mahindra & Mahindra with a magnifying glass. The fact that they have picked up a 5% stake in RBL is once in a lifetime. Do you think that is the single most important factor from today's press conference? Why have they bought into RBL? And what will they do?What is your view regarding Eicher Motors? It has faced quite a bit of drubbing after that entire competition threat came but yesterday, Siddhartha Lal was saying that we have built a fortress and we are not worried about competition.