Sanjiv Bhasin strategy, stocks today: Buy NTPC, REC, Ashok Leyland shares - check price targets

Sanjiv Bhasin strategy, stocks today: Veteran market expert Sanjiv Bhasin stressed that the CPI numbers may have negligible impact and the market is bound to go up. He anticipated that the second half of the month will be good.

Sanjiv Bhasin stressed that the CPI numbers may have negligible impact and the market is bound to go up. He anticipated that the second half of the month will be good.

Sanjiv Bhasin Stocks To Buy Today on Zee Business: The December consumer price index report is set to release on January 12 (Thursday). Veteran market expert and IIFL Securities director Sanjiv Bhasin stressed that the CPI numbers may have negligible impact and the market is bound to go up. He anticipated that the second half of the month will be good.

"There is absolutely no doubt that the Indian market is headed higher, however, I would suggest stock-specific for buyers because of volatility in the market," Bhasin said.

"My picks UltraTech, Godrej Properties and SBI Life are outperformers today which I recommended earlier," said Bhasin in a special segment 'Bhasin Ke Haseen Share' aired on Zee Business.

Sanjiv Bhasin Stocks to Buy today, January 12, on Zee Business

Ashok Leyland

Commercial vehicles maker Ashok Leyland's ICY segment is doing great business. The market expert highlighted that most of the IndiGo bus service is provided by the Ashok Leyland. The Indian multinational automotive manufacturer is headquartered in Chennai. It is owned by the Hinduja Group. It was founded in 1948 as Ashok Motors and became Ashok Leyland in the year 1955.

Buy Price- Rs 149.05
Target Price- Rs 155
Stop Loss- Rs 145

NTPC Limited

NTPC Limited a public sector undertaking under the ownership of the Ministry of Power. It is engaged in generation of electricity and allied activities. The headquarters of the PSU is situated at New Delhi.

Buy Price- Rs 167.20
Target Price- Rs 174
Stop Loss- Rs 163.70

REC Limited

REC Limited is a subsidiary of Power Finance Corporation Limited which in turn is under the ownership of the Ministry of Power. It finances and promotes power projects across India.

Buy Price- Rs 121.85
Target Price- Rs 126
Stop Loss- Rs 119

'Bhasin Ke Haseen Shares'

IIFL सिक्योरिटीज के संजीव भसीन ने आज Ashok Leyland , NTPC और REC में क्यों दी निवेश की सलाह?@AnilSinghvi_ @sanjiv_bhasin #stocksMarkets

https://t.co/gIshSm5pSi pic.twitter.com/N5ZDNmiF1R

— Zee Business (@ZeeBusiness) January 12, 2023