Sanjeev Bhasin

• 

  Get Ready For Sharp Selloff In Sensex, Nifty: Sanjeev Bhasin

  Indian stock markets are likely to witness a sharp correction in September, said Sanjeev Bhasin, executive vice president (market & corporate affairs) at domestic brokerage IIFL. Talk that the Federal Reserve might be serious about lifting US interest rates as early as next week could hit equities in the short run, he added.

• 

  Biocon's Cancer Drug Accepted For Review, Shares Hit 52-Week High

  Biocon shares jumped 5 per cent to their 52-week high on Friday after the drugmaker announced that the European regulator has accepted for review a breast cancer biosimilar jointly developed with Mylan. Biocon and American-Dutch Mylan are exclusive partners on a broad portfolio of biosimilars and insulin analogs.

• 

  RBI Policy Was Inline With Expectations: Sanjeev Bhasin

  Reserve Bank of India (RBI) Governor Raghuram Rajan, who bows down next month, kept the repo rate unchanged at 6.50 per cent at his final policy review on Tuesday after inflation hit a nearly two-year high.

• 

  Sanjeev Bhasin Turns Bearish, Expects Nifty To Crash By 1,000 Points

  Indian stock markets have rallied sharply over the last five months, with the Nifty index gaining nearly 25 per cent since February 29. The huge rally in domestic markets has been fuelled by aggressive buying from foreign investors, who have pumped in nearly $5 billion in equities this year.

• 

  Nifty Set For Correction, Metals Could Outperform: Sanjeev Bhasin

  Brokerage IIFL's Sanjeev Bhasin expects the Nifty to correct by 200 points after the sharp run up post Britain's decision to exit the European Union last month.

• 

  Nifty Set To Hit Record High, Buy State Bank of India: Sanjeev Bhasin

  Around 7,200 levels on Nifty, we maintained our bullish stance on markets and currently investors should buy on dips, says Sanjiv Bhasin, executive vice president - markets & corporate affairs with IIFL.

• 

  Nifty Set To Hit 8,200, Buy Crompton, Havells: Sanjeev Bhasin

  Good monsoon, green shoots in the economy, banking sector reforms will be the trigger for the market rally, he added.

• 

  Buy Eicher Motors, United Spirits, Avoid Idea: Sanjeev Bhasin

  Sanjiv Bhasin, executive vice president - markets & corporate affairs with IIFL, expects stock markets to consolidate after recent selling.

• 

  Nifty May Come Under Pressure, Buy RIL, Tata Steel: Sanjeev Bhasin

  Meanwhile, Mr Bhasin expects some correction in the Nifty after it touches 8,000 mark. "We think in the short term above 8,000 it would be good to be little fearful and book profits from the trading side," he added.

• 

  Sanjeev Bhasin Bets Big On NBCC, Expects Stock To Triple Soon

  Mr Bhasin said markets are now going through its fifth wave (last wave) of correction in which Nifty can fall maximum to the 7,300-7,400 level and after that a new bull run will start in the markets.

• 

  Sensex Ends Below 25,000, Falls 371 Points; Nifty Settles at 7,615

  Sentiment is likely to be positive today as foreign investors continued to be net buyers of Indian shares and on Wednesday they have bought cash shares worth Rs 977 crore.

• 

  Nifty May Retest 8,000 in April, 9,000 by December: Sanjeev Bhasin

  Mr Bhasin says Indian markets are on a cusp of a new bull rally which may last for two and half years as macros have turn favourable to India now.

• 

  Market Turmoil Provides 'Brilliant' Buying Opportunity, Says Sanjiv Bhasin

  According to Mr Bhasin, Friday's low of 6,869 on the Nifty is likely to hold till budget, which will be presented on February 29.

• 

  Nifty Set For Pre-Budget Rally, Buy These Stocks: Sanjeev Bhasin

  ndian stock markets may have hit a bottom and pre-budget rally to 7,800 levels on Nifty may soon be on the cards, says Sanjeev Bhasin, executive vice president of domestic brokerage IIFL.

• 

  Buy The Fall in Stock Markets: Sanjeev Bhasin

  After a brief spell of buying, the Dalal Street has come under renewed stress, with stock markets falling sharply for a second consecutive session on Wednesday. The Nifty slipped below the key 7,400 levels, while the Sensex traded below 24,500. Sanjeev Bhasin, executive vice chairman (markets & corporate affairs) of domestic brokerage IIFL says inv...