VERIFIEDET Markets·30 Jun 2026positive

HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip Sabharwal

AI Summary

·Market expert Sandip Sabharwal believes private banks are entering a strong growth phase due to increasing credit growth and reduced margin pressures.
·Sabharwal considers HDFC Bank's valuation to be attractive, even with leadership uncertainties, as merger-related operational issues are mostly resolved.
·Opportunities are seen in auto stocks after a correction, and Sabharwal remains positive on the textile sector.