Sanjiv Bhasin strategy, stocks on Zee Business today: BUY Bajaj Finance, Ambuja Cement - check price targets

In a special segment of ‘Bhasin ke Haseen’ shares aired on Zee Business, IIFL Director and veteran market expert, Sanjiv Bhasin recommended two stocks which can yield good returns in the coming days at the start of the December series.

Firstly, he was ecstatic for Nifty Bank making a lifetime high and is very bullish on the Indian Market.

Giving an update on the stock recommendations of Thursday, November 24, Bhasin suggested investors to buy Indian Hotels, Tata Steel and NTPC and if bought hold on to the stock.

For Tata Steel he said it is the best proxy player against the dollar. 

IIFL सिक्योरिटीज के संजीव भसीन बाजार पर SUPER BULLISH

क्या हैं मार्केट आउटलुक?

आज Bajaj Finance Fut और Ambuja Cement Fut में क्यों दी निवेश की सलाह?

जानिए इस वीडियो में...@AnilSinghvi_ @sanjiv_bhasin @iiflsecurities#ZeeBusiness https://t.co/B2XAAYwPaK pic.twitter.com/giwGJ18oTd

— Zee Business (@ZeeBusiness) November 25, 2022

Bhasin as his first fresh recommended for today chose Bajaj Finance:

Bajaj Finance Fut:

According to Bhasin, Bajaj Finance’s retail credit, as far as the retail proxy goes, is expanding fast. As per him, it is undoubtedly the best NBFC. He said that as per re-rating in AB Capital, Bajaj Finance is giving a good opportunity to buy.

Bajaj Finance Price: Rs 6768

Bajaj Finance Target: Rs 7000

Stop Loss: Rs 6525

Sanjiv Bhasin's second pick for today is Ambuja Cement.

Ambuja Cement:

Ambuja Cement Price: Rs 567.50

Ambuja Cement Target: Rs 610

Stop Loss: Rs 528

On Friday, November 25, the 12-share banking index – Nifty Bank has touched its record high level of 43,163.4, led by banking heavyweights such as HDFC Bank, and ICICI Bank. Contributing to the overall rally, the broader markets too joined the gaining party as both Nifty Mid and Small-cap jumped around 0.5 per cent.

Sanjiv Bhasin on Thursday, November 24, had remarked that the market had reclaimed 18,400 levels on the day of monthly expiry. He also said that, in Nifty Bank, bulls will charge the banking stocks, lifting the index to a fresh lifetime high.

Bhasin on Thursday had predicted that the market will open on Monday above 18,600 level. He also suggested viewers to book profits.

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