Sanjiv Bhasin strategy, stocks on Zee Business today: Buy Tata Motors, Tata Power- check price targets

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 Tata Group stocks to the viewers for bumper returns in short term.

Sanjiv Bhasin Stocks on Zee Business Tuesday, 13 December

Tata Motors

According to Bhasin, the news about Tata Motors exploring the possibility of divesting stake in Tata Technologies via IPO route will provide valuation comfort. Thus, Tata Motors is a good stock to buy.

Buy Price- Rs 418.60

Target Price- Rs 446

Stop Loss- Rs 402

Tata Power

Bhasin said that the company will benefit from the fall in the price of crude and it will prosper due to the increasing need for EV charging.

Buy Price- Rs 218.75

Target Price- Rs 250

Stop Loss- Rs 204

Meanwhile, the stock market opened higher as sentiment was lifted day after retail inflation for November eased below the RBI's tolerance limit of 6 per cent. According to data released by the government on Monday, retail inflation based on consumer price index (CPI) eased to 11-month low of 5.88 per cent in November.

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