Sanjiv Bhasin strategy, stocks on Zee Business today: Buy Muthoot Finance, DLF shares - check price targets
Veteran market expert and IIFL Securities director Sanjiv Bhasin on Tuesday, January 10, said that the markets will see profit booking as he recommended to stay light on positions.
Sanjiv Bhasin Stocks To Buy Today on Zee Business: Veteran market expert and IIFL Securities director Sanjiv Bhasin on Tuesday, January 10, said that the markets will see profit booking as he recommended to stay light on positions.
"Since global cues are positive you should take this as an opportunity to buy good stocks. There may be profit booking in IT stocks, select autos and original equipment manufacturer (OEM) segment," he said.
In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business, he said that specific mid-cap stocks will outperform depending on results. "My picks SBI Life and Tata Motors are outperformers," he added.
Sanjiv Bhasin Stocks to Buy today, January 10, on Zee Business
Muthoot Finance Fut
The non-banking finance company (NBFC) posted a decline of 10 per cent in its net profit from a year ago period at Rs 901.60 crore in quarter ended September 2022. In the preceding quarter ended June 2022, it witnessed a decline of 15.7 per cent in its net profit year on year at Rs 825 crore.
Muthoot Finance Ltd is an Indian financial corporation and the largest gold loan NBFC in the country. In addition to financing gold loans, the company offers other forms of loans, insurance and money transfer services and sells gold coins.
Buy Price- Rs 1066.80
Target Price- Rs 1150
Stop Loss- Rs 1035
DLF Fut
Bhasin said that DLF witnessed huge sales in its units in Delhi-NCR. "I am sure DLF will come out with really good numbers in this quarter and beyond and this is the time to buy DLF."
Buy Price- Rs 375.45
Target Price- Rs 390-Rs 420
Stop Loss- Rs 363
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