Bajaj Finance may outperform HDFC Bank in 2025: Sandip Sabharwal

Sandip Sabharwal analyzes mixed auto sales data and positive retail sales, particularly focussing on Avenue Supermarts’ growth. The valuation of D-Mart remains expensive but shows potential for revival. Contrarian opportunities in NBFCs are highlighted, and the impact of ITC Hotels’ demerger on Indian Hotels’ competitiveness is discussed.