Sanjiv Bhasin strategy, stocks on Zee Business: BUY Escorts Kubota, IDFC First Bank - check price targets

Sanjiv Bhasin strategy, stocks on Zee Business:  IIFL Securities Director Sanjiv Bhasin on Wednesday, November 9, said that PNB, Union Bank of India, Bank of Baroda and South Bank of India are outperformers. Indian indices opened higher on Wednesday with the Nifty Bank index touching a record high of 41,939.8. 

In a special edition -- 'Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Bhasin, a seasoned market expert recommended a buy in two stocks to Zee Business viewers.

Escorts Kubota Fut

Buy Price - Rs 1979.05

Price Target - Rs 2050/2075

Stop Loss- Rs 1925

IDFC First Bank Fut

Buy Price - Rs 57.95

Price Target - Rs 60

Stop Loss - Rs 56.50

Meanwhile, equity benchmark Sensex climbed over 170 points in early trade, tracking gains in index heavyweights Infosys, HCL Tech and L&T amid a mixed trend in global markets. Besides, a strong rupee against the US dollar and continued foreign capital inflows also supported the domestic markets, traders said.

The 30-share BSE index was trading 173.62 points or 0.28 per cent higher at 61,358.77 in initial deals. Similarly, the broader NSE Nifty rose 56.70 points or 0.31 per cent to 18,259.50.