Sanjiv Bhasin strategy, stocks on Zee Business: BUY IEX, NTPC, ICICI Bank- Check price targets

Sanjiv Bhasin strategy, stocks on Zee Business: IIFL Securities Director Sanjiv Bhasin on Monday, November 14, said that IT stocks are in focus and could be a good buy for booking profits. He said that Persistent Systems which he had recommended last week is an outperformer. He also predicted that markets will soon hit new highs.

In a special edition -- 'Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Bhasin, a seasoned market expert recommended three stocks to Zee Business viewers for bumper returns in short term.

IEX Fut

Electricity and energy go hand in hand, Bhasin said, adding that it is a good company to invest in. He also said that IEX is his top pick of the day.

Buy Price - Rs 146.40

Price Target - Rs 160

Stop Loss- Rs 140

NTPC Fut

Bhasin said that with a 15000-megawatt capacity, NTPC is the largest power producer and a strong choice for large caps.

Buy Price - Rs 173

Price Target - Rs 185

Stop Loss - Rs 167.50

ICICI Bank Fut

Buy Price - Rs 904.55

Price Target - Rs 965

Stop Loss - Rs 880

Meanwhile, benchmark indices rallied in early trade on Monday amid positive cues from global markets and unabated foreign fund inflows, but later faced volatile trends. The 30-share BSE Sensex climbed 92.98 points to 61,888.02 in early deals. Similarly, the broader NSE Nifty advanced 44.4 points to 18,394.10.