Russia-Ukraine unlikely to have major impact on markets, says analyst Sanjiv Bhasin; sees buying opportunity in DLF, Piramal Enterprises, Bharat Forge

The ongoing tensions between Russia-Ukraine is having an impact on the stock markets, analyst Sanjiv Bhasin said while speaking to Zee Business Managing Editor Anil Singhvi. He said that he did not expect any major adverse developments and opined that there will be a diplomatic closure of this issue. 

The IIFL Director further said that the impact of this tension was only sentimental as the Gross Domestic Product (GDP) was almost that of the Indian state of Bihar. 

The Oil Gas pipeline situation may get accentuated due to Russia’s dependence. 

He said that it was a buying opportunity and India remains the best choice and there could not be a better time, he further said.

He recommended three stocks for top returns.

DLF Industries
This is the best time to buy DLF Stocks, he said as he remains very bullish on the realty sector.

Price: Rs 364 -Rs 365

Target Price: Rs 380 - Rs 385

Stop Loss: Rs 356

Piramal Enterprises Ltd

He said that the demerger of the pharma companies is on and integration of DHFL Group is going to witness huge upside movement. The provisions have already been made, Bhasin said 

Price: Rs 2300

Target Price: Rs 2400

Stop Loss: Rs 2225

Bharat Forge

Bhasin refers to Baba Kalyani’s statement that said demand is so strong and inflation will tide over.

Buy Price: Rs 710-712
Target Price: Rs 750

Stop Loss: Rs 688

For more details, Watch Full Video Here:-

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज किन 3 स्टॉक्स में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/Yqn6rK2HEN

— Zee Business (@ZeeBusiness) February 14, 2022