Bullish on ICICI Bank, Dr Reddy’s: Ashish Maheshwari, Director, Blue Ocean Strategic Advisor
  • WebDesk BTVI
  • Jul 29 2019

Ashish Maheshwari, Blue Ocean Strategic Advisor, says the current market is biased towards sell on rallies, thinks the situation is due to FIIs withdrawing from the markets, views it is reflecting in poor June Quarter numbers from banks and auto companies. The expert commenting on ICICI Bank shares jumping nearly 5% after strong Q1 earnings, says he sees upward revision in target price as there is earnings visibility and NPAs under control. He says Dr Reddy’s is a god bet currently.