NIFTY 50

HDFC Securities upbeat on PNC Infra, Symphony and Bajaj Auto

Updated : August 30, 2018 11:49 AM IST

Dipen Sheth, Head-Institutional Research of HDFC Securities, said that he was upbeat on PNC Infra, Symphony, Bajaj Auto and Hero MotoCrop.

"It(Symphony) is still a good business, so one can accumulate the stock at current prices. It is value time for Bajaj Auto and Hero MotoCorp," he said.

According to him, the current rally is broad-based despite macro concerns. Domestic inflows have continued to be steady and have supported the market and will continue to do so, he said.

Financialisation of savings have led to better inflows, he added.
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