- Will oil prices surge to $380 or slump to $45—What JP Morgan, CITI reports say?
- Bajaj Finance stock jumps 3% after quarterly update; what should investors do? Check brokerage views, target prices
- Stocks to buy: Sanjiv Bhasin picks Wipro, Tata Chemicals, Adani Ports, Coforge for gains today; Here's why
- LPG Price Hike: Domestic LPG cylinder price hiked by Rs 50; Check new rates in Delhi, Mumbai, Kolkata, Chennai
- Government notifies procedural changes in GST rules - details here
Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks L&T, Bajaj Finance, Mphasis for gains - Here's why
Bhasin was speaking to Zee Business Managing Director Anil Singhvi in a popular TV show ‘Bhasin Ke Hasin Share' and picked four stocks for investors that will give high returns.
The market expert and IIFL Securities Director Sanjeev Bhasin said on Wednesday that it takes 1-2 days to form a bottom. He said that that is happening now and he had indicated on Monday. He also gave the target of 16250 for Nifty50 and showed optimism that the market would soon cover it.
Bhasin was speaking to Zee Business Managing Director Anil Singhvi in a popular TV show ‘Bhasin Ke Hasin Share'. He also picked four stocks for investors that will give high returns.
Talking about the updates of the market, Bhasin said Reliance Industries Limited, Hindustan Aeronautics Limited, Bharat Electronics Limited, MCX, Ultra Tech, M&M Finance, Vedanta Limited, and Hindalco Industries Limited are outperformers.
For Today, Bhasin recommended four buy calls that will be beneficial for investors.
Larsen & Toubro Ltd
Bhasin recommended Larsen & Toubro Limited stock as his second pick. He said that the biggest beneficiary is L&T. The company is saying that it will see double-digit growth, with 44% order inflow in the Middle East. L&T is going to be the leader if the market is to go up, the expert said.
Price: Rs 1613
Target: Rs 1750
Stop Loss: ----
For More Details Watch Full Video Here:
— Zee Business (@ZeeBusiness) May 18, 2022
Bhasin recommended Bajaj Finance stock. He said this stock is re-trading. he said that investors will have an opportunity to buy a Rs 7400 stock at Rs 5900 adding that there is no better time to buy this stock.
Price: Rs 5933
Target: Rs 6500
Stop Loss: ---
Bhasin recommended Mphasis stock as his third pick. He said this midcap IT stock is underperformed.
Price: Rs 2670
Target: Rs 2750
Stop Loss: Rs 2600
Bhasin recommended Sun TV stock as his fourth pick. He said unprecedented numbers will come in this stock and ARPUs are rising as far as revenues go.
Price: Rs 428
Target: Rs 450
Stop Loss: Rs 418
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.