Bajaj Finance share price

"ICICI Bank has reached a very high level and from here onwards, what next? So why not look for something which has not moved as of now?

Maybe if the management announces something, if they give some other strategy, next growth trajectory or something of that kind, that probably will give a fillip to it, but otherwise I do not think there is any reason for anybody to sell ICICI Bank. There is no sacrosanct number where you will definitely buy it but going by what we have seen in the last few years and months, Rs 5,500-5,000 seems to be the range where one should buy it blindly. It is just the kind of rotation which is happening. Now the interest rates are going up and the thinking is drastically changing from buying at any price to valuation and value has to be considered. I think it is only a matter of rotation out of the stocks. Titan has made that space and that position which is probably not going to be conquered by anybody in the near future. That is purely because people just want to switch the style from buying at any price to looking at value. People have already moved to finding something new in the same sector or somewhere else and now in banking, there are so many options. That will give us a good opportunity to enter and we would definitely use any kind of dips. I believe that in this space, especially in gold jewellery space, one has to be with the leader and with the most trusted brand name. That is probably giving the market this kind of jitters. In the case of