Sanjiv Bhasin strategy, stocks today: Nifty to reclaim 18500 before Budget; Buy NTPC, Ashok Leyland shares - check price targets
Sanjiv Bhasin strategy, stocks today: Sanjiv Bhasin predicted that Nifty50 could reach 18,500 before the Budget. He also said that inflation data show that prices of commodities are under control.
Sanjiv Bhasin Stocks To Buy Today, Video on Zee Business: Veteran market expert and IIFL Securities director Sanjiv Bhasin stressed that the global cues are good and the inflation is under control. This is a Buy opportunity as the Nifty50 could reach 18,500 before the Budget.
Bhasin said, "I would suggest stock-specific for buyers. HCL Tech, TCS have shown good numbers so there is no weakness. Bank results will also start soon and they too will show good results. Global rally will lead. All three - SBI Life, UltraTech Cement and JSW Steel were outperformers."
Sanjiv Bhasin Stocks to Buy today, January 13, on Zee Business
NTPC Share Price Target
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.
Target Price- Rs 174
Stop Loss- Rs 163.70
Ashok Leyland Share Price Target
Commercial vehicles maker Ashok Leyland's ICY segment is doing great business. 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.
Target Price- Rs 155
Stop Loss- Rs 143
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