Stocks to buy: Sanjiv Bhasin picks Aarti Industries, GAIL for gains - Here's why

Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Friday predicted that the market will touch 17000 levels next week. He said that if there is a rise of 1000 or a correction of 50-100 points, it will be quite healthy for the market.

He also suggested to be stock specific because after 1000-point run-up, it may bring profit.
 
Bhasin was speaking to Zee Business Senior News Anchor Neha Anand in a popular TV show ‘Bhasin Ke Hasin Share',  where he also picked two stocks for investors that will give high returns.

For Today, Bhasin recommended two buy calls that will be beneficial for investors.

Aarti Industries
Bhasin recommended Aarti Industries stock. He said the stock was at Rs 1000 which is now at Rs 730 - Rs 740 as it has slowed down on two things - first in API business and second - the benzene prices went up. Now both things are under control. They are the market leaders in nitro, chloro and benzene. Apart from that, demand has also come back in specialty chemicals. Also, they are looking at the latest contracts in the API business. So, this stock is a must buy in a portfolio at this price, he said.
Price: Rs 731
Target: Rs 775
Stop Loss: 710

For More Details Watch Full Video Here:

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज किन 2 स्टॉक्स में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/Kdt8uItKXi

— Zee Business (@ZeeBusiness) June 3, 2022

GAIL
Bhasin recommended GAIL stock as his second pick. Whether it's petrochemical, gas, or hydrogen plant, GAIL is a must have, he said, this is the best energy stock to buy at this price.
Price: Rs 147 - Rs 148
Target: Rs 158
Stop Loss: 143