Stocks to buy: Sanjiv Bhasin picks Godrej Properties, Amara Raja, Arti Industries for gains today; Check why
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Monday said that any decline in the market is a buying opportunity. He said the market will not stop before 16500. So, this is the time to buy.
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Monday said that any decline in the market is a buying opportunity. He said the market will not stop before 16500. So, this is the time to buy.
He spoke to Zee Business Senior News Anchor Neha Anand in the popular TV show ‘Bhasin Ke Hasin Share', in which, he picked three stocks for investors that can yield high returns.
Talking about the updates on the market, Bhasin said Bosch, Gujarat Gas Limited, Vedanta Limited, Larsen & Toubro Ltd, L&T Technology Services (LTTS), Whirlpool, City Union Bank, Steel Authority of India Limited (SAIL), and HBI are outperformers.
For Today, Bhasin recommended three buy calls that will help investors make money in the near term.
Godrej Properties Fut
Bhasin recommended Godrej Properties as his first pick. He said there is a lot of potential in properties and the real estate sector. He further said Godrej Properties is unquestionably going to be the leader in PAN India. The company's expansion is across the country - From Gurgaon to Mumbai to Pune. Also, the price to book or the price to multiple is very reasonable, he added.
Price: Rs 1222
Target: Rs 1300
Stop Loss: Rs 1175
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Amara Raja Group Fut
Bhasin recommended Amara Raja Group stocks as his second pick. He said that is a key stock. Nickel prices and lead prices have fallen and Amara Raja will see an expansion in their margin, he added.
Price: Rs 475.05
Target: Rs 495
Stop Loss: Rs 460
Arti Industries Fut
Bhasin recommended Arti Industries stocks as his third pick. He said due to the fall in crude oil, the best stock in Nitro Chloro Benzeneis Arti Industries.
Price: Rs 725.75
Target: Rs 775
Stop Loss: Rs 700
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