Sandip Sabharwal adopts a cautious tone on small finance banks and NBFCs, citing aggressive guidance and potential stress in lending pockets. He emphasizes that asset quality is paramount over headline profitability and prefers more conservative lenders in the current environment.

Sandip Sabharwal’s track record: 8 graded calls · 95% CI 22–78%

Nifty BankBearishCalled 28 Apr 2026Graded 19 Jul 2026
Verdict:HIT

Nifty Bank decreased from ₹55403.60 to ₹54239.20, a decline of 2.10% over 30 days.

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