Markets turn on a dime but you have to be invested to reap benefits: Sanjiv Bhasin

economictimes.indiatimes.com:

Sanjiv Bhasin, Director, IIFL Securities, explains why he was convinced about the merits of stocks like JP, TTML and even Suzlon. One would have considered them to be too risky, but they have all done very well.
Every Friday afternoon, I would say TGIF, thank God it is Friday. After the way the markets have moved, everybody is saying, why is it Friday? The market will remain closed for two days.
Of course, we should have the market open on the weekend also.

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That is the spirit. So, you are a big votary if market hours are extended right now, right? Right now, no broker would complain?
Right now, no one, but keep equal life-work balance. I think this is just fine what is going on and do not get carried away by the momentum but participate. So, when did you see State Bank lead the market charge and so on? Also, it is evident that IT, which was the most downgraded sector, has been such a startling outperformer. So, the markets turn on a dime. You have to be invested.
When you recommended our viewers to buy JP, TTML, even stocks like Suzlon, I just thought that they are too risky, but they have done very well. What gave you the conviction? I am asking you on the record just to understand that. If you recall, in the last two years, I have been saying NBCC at Rs 35 and GMR at Rs 30 and even though there was debt, the underlying businesses were very strong and sometimes you have to weigh the pros and cons of market cap. JP still has a 5-million tonne capacity of cement. They