Sanjiv Bhasin Stocks, Recommendations: IIFL Securities director Sanjiv Bhasin said that he is optimistic on IT stocks. In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business today, he said that Infosys, HCL Tech and Persistent Systems have been outperformers. "Same situation is with Can Fin Homes, Samvardhana Motherson International, L&T. Hence, don't miss the opportunity for next 2-3 months and PSUs will lead the way."

Sanjiv Bhasin Stocks to Buy today, February 10, on Zee Business
 

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Tata Motors
 
The Mumbai headquartered multinational automotive manufacturing company is part of the Tata Group. The company produces passenger cars, trucks, vans, coaches and buses. Sanjiv Bhasin noted, "If Tesla shares can be compared with any company in the world, it is with the India's Tata Motors. They are witnessing the strongest-ever growth, moreover, China is back. Tata Motors Slovakia unit is seeing record business. So it's a must tap."
 
Price: Rs 432.75
Target: Rs 475
Stop Loss: Rs 425
 
 
Vedanta
 
The Mumbai headquartered multinational mining company has main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. The market expert said, "The company gave Rs 30 dividend and is purely a no brainer."
 
Price: Rs 309.10
Target: Rs 400
Stop Loss: Rs 295
 
Tata Chemicals
 
The market veteran said, "Turkey is the biggest supplier of soda ash but it's prices are going up due to deadly earthquake in the region. Back home, Tata Chemicals is the biggest producer in Asia. It can be rerated by 10 per cent." The Mumbai headquartered company is an Indian global company with interests in chemicals, crop protection and specialty chemistry products headquartered in Mumbai, India. The company is one of the largest chemical companies in India with operations in India, Europe, North America and Africa.
 
Price: Rs 1012.95
Target: Rs 1100
Stop Loss: Rs 990
 
Larsen & Toubro (L&T)
 
L&T is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. Bhasin said, "L&T is a must have in portfolio as must have seen the quarterly results of other cement companies." 
 
GMR Airports
 
The New Delhi headquartered multinational conglomerate comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises.
 
Price: Rs 38.85
Target: Rs 43
Stop Loss: Rs 37.50