Stocks to buy: Sanjiv Bhasin picks BPCL, Bosch, IEX; Know price target

Stocks to buy: Market expert and IIFL Securities Director Sanjiv Bhasin on Friday picked three stocks for investors that can yield high returns in the near term. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he also predicted that oil price can fall to $ 80 by the end of this month.

BPCL Fut
Bhasin recommended Bharat Petroleum Corporation Limited (BPCL) as his first pick. He said that even if the oil price reaches USD 80, BPCL will import it from Russia at a lower price. Also BPCL's sales are local. Hence, at this price, the investors will surely make money, he added.
Price: Rs 309.10
Target: Rs 325
Stop Loss: Rs 294

Bosch Fut
Bhasin recommended Bosch as his second pick. He said Bosch is the biggest gainer in OEM and outsourcing. This stock has been his top pick for a long time, he added.
Price: Rs 16249
Target: Rs 17000
Stop Loss: Rs 15800

For More Details Watch Full Video Here:

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज BPCL, Bosch और IEX में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/cZiQY5ULvu

— Zee Business (@ZeeBusiness) July 15, 2022

IEX Fut
Bhasin recommended Indian Energy Exchange Ltd as his third pick. He said power supply is abundant and power prices are stabilizing. The volume will grow in IEX, he added
Price: Rs 162.85
Target: Rs 168
Stop Loss: Rs 158

Taking about the update of the market, Bhasin said he is still bullish on HDFC, SAIL, and GMR. SAIL is a no-brainer, he added.