Sanjiv Bhasin strategy, stocks on Zee Business today: Buy SRF, Kotak Bank, IOC - check price targets

Sanjiv Bhasin strategy, stocks today: Veteran market expert and IIFL Securities director Sanjiv Bhasin has exuded confidence that Nifty50 will reclaim 18,500 level this week. 

In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business channel with the Managing Editor Anil Singhvi, he also said that the US stock market will outperform in January.

Bhasin said that there would be stock-specific actions for investors and that it is a good time to park money in strong stocks.

He recommended two large and two mid-cap stocks to the viewers for bumper returns in short term.

Sanjiv Bhasin Stocks on Zee Business Tuesday, 3 January

SRF Limited

SRF is engaged in the manufacturing of industrial and specialty intermediates. Bhasin said that bi-axially Oriented Polyethylene Terephthalate (BOPET) prices hit three months high since China started easing restrictions and the company has a 19.5 per cent share in it.

Buy Price- Rs 2292.65

Target Price- Rs 2700

Kotak Mahindra Bank

Buy Price- Rs 1831.30

Target Price- Rs 1940

Stop Loss- Rs 1800

Indian Oil Corporation Ltd

Bhasin said that the refining and Oil Marketing Companies (OMCs) will prosper at a time well when global growth is strong again.

Buy Price- Rs 77.90

Target Price- Rs 85

Stop Loss- Rs 75

Page Industries Limited

Buy Price- Rs 42054.90

Target Price- Rs 43300

Stop Loss- Rs 41600

'Bhasin Ke Haseen Shares'

IIFL सिक्योरिटीज के संजीव भसीन ने आज IOC, Page Industries और Kotak Bank में क्यों दी निवेश की सलाह?@AnilSinghvi_ @sanjiv_bhasin #StockMarket #StocksToBuy

https://t.co/EJewMPwCRt pic.twitter.com/uIqQSkVGug

— Zee Business (@ZeeBusiness) January 3, 2023

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