Stock Picks with Anil Singhvi: Sanjiv Bhasin recommends DLF and Godrej Properties for investors; check price, stop-loss and target

The Indian market pared losses in the last session after correcting more than 2 per cent in the opening trade on back of an uncertainty due to the Russia-Ukarine tension to end more than half per cent lower.

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This recovery helped Nifty50 to reclaim 17,000 and close near 17, 100 at the market closing. On the other hand, Sensex closed with nearly a loss of 400 points. Benchmarks Nifty and the Sensex ended a highly volatile day at 17,092.20 and 57,300.68 respectively.

Amidst this turmoil in the domestic markets, in yet another segment of 'Bhasin ki Hasin Share' on Zee Business, Sanjiv Bhasin, Director, IIFL Securities, in a conversation with Zee Business Managing Director Anil Singhvi suggested two stock picks.

Bhasin suggested that the rates of the properties are going to go up and so suggested two stocks from this sector.

The stocks suggested by Bhasin are as follows:

DLF: Price - Rs 325.35 I Stop-loss - Rs 318 I Target - Rs 345

Bhasin suggested DLF for the investors with a price at Rs 325.35. stop-loss of Rs 318 and target of Rs 345.

Godrej Properties: Price - Rs 1545.50 I Stop-loss - Rs 1520 I Target - Rs 1650

Bhasin also reminded that earlier also he suggested for Godrej Properties at Rs 1545.50, a price at which he stuck to. He also suggested the stop-loss for this stock at Rs 1520 and target of Rs 1650.

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)