Sanjiv Bhasin Stocks on Zee Business: BUY Auro Pharma, PNB shares - check price targets

Sanjiv Bhasin on Zee Business Today, September 16: Market expert and IIFL Securities Director Sanjiv Bhasin on Thursday predicted that the Nifty50 will touch 18,200 next week. In a special edition -- ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Bhasin said that uncertainty in the US market will remain till September 20-21 when the Federal Reserve will announce its policy rate decision.

Bhasin said that the market could show a phase of consolidation now but "on Monday-Tuesday, the market could touch 18,200.

Sanjiv Bhasin Picks On Zee Business

Bhasin said that the pharm sector is ready for an elephant jump as he recommended Auro Pharma to Zee Business viewers.

Auro Pharma Fut 
BUY: Rs 546
Price Target: Rs 570
Stop Loss: Rs 532

The second stock that Bhasin recommended today was from the banking sector. Bhasin said that he is bullish on Punjab National Bank.

PNB Fut
Buy:40.75 
Price Target: 42.50 
Stop Loss: Rs 39.20

Bhasin added that PNB will tough Rs 48-50 apiece soon.