5 stocks to have in portfolio in Nifty runup to 20K: Sanjiv Bhasin

economictimes.indiatimes.com:

Sanjiv Bhasin, Director, IIFL Securities, says LTIM, Apollo Hospital, Reliance, ICICI and Axis, these five stocks should make up your portfolio for the run-up to 20,000. LTIM is my stock from here till Diwali. Rs 6000 plus is coming on LTIM by this Diwali.”

You were quite positive on the midcap IT names, the likes of Coforge, Tech Mahindra was one of those brilliant finds which has done very well for the investors. What next in the IT sector that you are watching out for?
LTIM, the best player, is going to be the star as far as the AI circle goes and which is seeing huge amounts of order inflows and high margins. Their attrition has been the lowest and LTIM is one largecap which I can now bet on because it is on the index. So I am focusing on largecaps in the index. LTIM, Reliance, ICICI Bank, Axis, which you mentioned the reasons and if we are going to see Bank Nifty expire above 45,000, then both these largecaps have to join. But LTIM is my stock from here till Diwali. 6000 plus is coming on LTIM by this Diwali.

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Would you bet on the likes of Dixon, Amber, even Voltas for that matter, which was one of your picks earlier or would you stay away from the manufacturing theme because all of these stocks have run up?
Correct. A little bit of caution because the momentum is very strong and we have seen the midcap and the smallcap indices outperform. As a disclosure, Voltas from Rs 750 has been one of our top picks. It continues to be, it is not just the electrical play, it has huge