Sanjiv Bhasin strategy, stocks on Zee Business today: Buy Bharti Airtel, Kotak Bank, MCX - check price targets
Sanjiv Bhasin strategy, stocks today: He said that there are positive global cues and that Indian markets are doing extremely well.
Sanjiv Bhasin strategy, stocks today: IIFL Securities director and veteran market expert Sanjiv Bhasin on Thursday, December 1, suggested Zee Business viewers to book profit as the domestic equity markets are trading at all-time high. In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business, Sanjiv Bhasin said there are positive global cues and that Indian markets are doing extremely well. He predicted that there would be a correction in a day or two and investors should focus on buying quality stocks.
Bhasin added that large-cap stocks will outperformer.
Sanjiv Bhasin Stocks on Zee Business Today, 1 December
Bharti Airtel Future
The stock, according to the market analyst, has more pricing power because the company's 5G rollout has already started.
Price- Rs 852.45
Target- Rs 900
Stop Loss- Rs 830
Kotak Mahindra Bank Future
Bhasin said that this company will lead from the front in the banking sector. Therefore, it is a good stock to invest in.
Price- Rs 1971.05
Target- Rs 2030
Stop Loss- Rs 1930
MCX Future
He said that MCX is an ideal platform to play rising volume on all businesses. He said that MCX is his one of favourite stocks and that this counter is reasonably priced.
Price- Rs 1585.75
Target- Rs 1700
Stop Loss- Rs 1530
Meanwhile, domestic equity markets today hit new highs with the Sensex touching a high of 63,583.07 and Nifty 18,874.30.
Earlier on Wednesday, Sensex had closed at 63,099.65 and Nifty at 18,758.35.
ALSO READ | Stock Market Live Today: Bulls seize control as Sensex, Nifty scale record highs; IT stocks lead rally
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