Sanjiv Bhasin strategy, stocks on Zee Business today: Buy SRF, Tech Mahindra - check price targets

Sanjiv Bhasin strategy, stocks today: Sanjiv Bhasin in a special segment 'Bhasin Ke Haseen Share' aired on Zee Business channel recommended two stocks to the viewers for bumper returns in short term.

Sanjiv Bhasin strategy, stocks on Zee Business today: Buy SRF, Tech Mahindra - check price targets
Sanjiv Bhasin strategy, stocks on Zee Business today: Buy SRF, Tech Mahindra. {Source: Zee Business}

Sanjiv Bhasin strategy, stocks today: IIFL Securities director and veteran market expert Sanjiv Bhasin in a special segment 'Bhasin Ke Haseen Share' aired on Zee Business channel recommended two stocks to the viewers for bumper returns in short term.

Sanjiv Bhasin Stocks on Zee Business Monday, 19 December

SRF Futures

An Indian multi-business chemicals conglomerate SRF Limited manufactures industrial and specialised intermediates. Bhasin predicted that the stock will reach its target price by the end of January 2023.

Buy Price- Rs 2280

Target Price- Rs 2750

Tech Mahindra Futures

The company offers innovative and customer-centric digital experiences. Notably, the IT company recently announced that it had authorised the sale of its entire stake in wholly-owned subsidiary Dynacommerce Holdings BV to Comviva Netherlands BV, its step-down subsidiary, at a valuation of €6.6 million.

The market analyst recommended a buy in this stock for good returns.

Buy Price- Rs 1026.25

Target Price- Rs 1175

Meanwhile, the Indian stock market ended in the negative for a second straight session on Friday last week as a result of weak global cues and the US Federal Reserve's alarmist comments regarding an interest rate hike. Among the important benchmark indices, the Nifty 50 index dropped 145 points and ended the day at 18,269, while the BSE Sensex fell 461 points and finished at 61,337. The Bank Nifty index lost 278 points and ended at the 43,219 level.

ALSO READ | Sanjiv Bhasin strategy, stocks on Zee Business today: Buy Tata Power, Samvardhana Motherson; book profit in PSU banks - check price targets

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Written By: Manisha Kumari
Edited By: Abhinav Ranjan
Updated: Mon, Dec 19, 2022
01:31 PM IST
New Delhi, ZeeBiz WebDesk
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