In the current sate of nervousness, one has to have faith in their portfolio and ignore the swirling of the markets. The best course of action is to take advantage of irrational market behavior. Consider this period as a deep discount sale where crown jewels are being sold for pennies. Following are the crown jewels which can deliver superb returns for your Portfolio: ICICI Bank · ICICI Bank has one of the strongest deposit franchise amongst private banks with a CASA of 47% (43% on average basis) and one of the highest PCR amongst leading banks. · We believe the bank is well placed in a challenging environment with its limited exposure to the newly surfaced stressed names and one of the highest provisioning coverage in the banking sector. · The impact of Corona Virus on to the broader economy does pose a risk to the banking system but ICICI has one of the lowest exposure to SME segment which...
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