Not too late for us to rush into NBFC stocks even now

Basant Maheshwari Shows Who’s Boss As His ‘Super Bullish’ Stocks Cheat Death & Fill Portfolio With Mega Gains

Basant stayed defiant and displayed amazing confidence in his favourite stocks even though it appeared that note-bandi had sounded their death knell. Today, he is reaping the rewards because the stocks are surging like rockets and filling his portfolio with massive gains

It is worth noting that several NBFC stocks have still not attained the levels that they were at prior to the note-bandi crises. This implies that the run up, though spectacular, is a mere recovery of lost ground and that more hefty gains will come on the table in due course.
Also, Basant explained that the reason for his “super bullishness” about NBFC stocks in general, and housing finance stocks in particular, is because lower home prices increases affordability and lower home prices encourages people to go and buy it.
He also pointed out that the crackdown on black money means that the developer and the home buyer will perforce have to come to organized sector lenders for their fund requirements.
“So, it is going to come back with a bang,” Basant proclaimed with his usual flourish, sending the cue to us to grab NBFC stocks without any more hesitation!

Defiant super-bullishness about HFC and micro-finance stocks

“I am super bullish on housing finance … they are growing at more than 30 percent,” Basant roared with his usual flamboyance in reply to a question from Latha Venkatesh and Sonia Shenoy on whether he was taking counter-evasive measures to tackle the menace of note-bandi.
“… the small finance segment personally I am super bullish and we own almost all of them …. the microfinance segment .. that’s the place to be,” he added, his eyes sparkling in defiance.
“My NBFC Portfolio Has Not Changed Due To #Demonetisation. Its Impact Should Ease In The Next 1-2 Months,” Basant added for good measure.

Disclaimer

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