Positive impactSector
Kotak's Sanjeev Prasad sees value in largecap banks, ONGC and Bharti after market correction
CNBC-TV18 1 hr ago·16 Sept 2026, 5:29 am
Kotak Institutional Equities' Managing Director Sanjeev Prasad has identified several largecap stocks as attractive investment opportunities following recent market volatility. He believes that the sharp correction in these stocks has created a favorable risk-reward ratio for long-term investors, despite ongoing macroeconomic uncertainties. This perspective suggests that the current market dip may present a buying chance for fundamentally strong companies.
For investors, Prasad's comments on sectors like Oil & Natural Gas Corporation (ONGC) highlight the potential for stability and value in traditional industries. While the broader market sentiment remains cautious, focusing on stocks with strong balance sheets and reasonable valuations could help mitigate risk. This approach allows investors to build a resilient portfolio that can weather near-term market fluctuations.
Moving forward, investors should monitor the company's earnings performance and any policy changes in the energy sector. It is also important to watch for broader market trends to determine if the current valuation levels are sustainable. Keeping an eye on these factors will help in making informed investment decisions.
Excerpt from CNBC-TV18
Kotak Institutional Equities' Sanjeev Prasad says macro uncertainty may persist in the near term, but several largecap sectors now offer value after a correction. He also explains why he remains cautious on IT services despite the AI debate. Which sectors does he prefer? Disclaimer: The views and tips expressed by…Read the original at CNBC-TV18
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns OIL AND Natural GAS Corp. (ONGC).
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for OIL AND Natural GAS Corp. worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
