Stocks to buy: Sanjiv Bhasin picks HCL Tech, Navin Fluorine, Sun Tv for gains today

Market expert and IIFL Securities Director Sanjeev Bhasin said on Thursday that oil will start weakening soon. Peak stock redemption will occur and the inflation trajectory will ease, he said. 

"This is a once-in-a-year opportunity to buy the stock. Oil prices will also fall after natural gas," he added.

He believes that from current levels there will be more outperformance in the mid-cap. He was speaking to Zee Business Managing Director and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share', in which, he also picked three stocks for investors that can yield high returns.

Talking about the updates on the market, Bhasin said GNFC, Tata Motors, Indian Hotels, and Bosch, as suggested yesterday, are outperformers.

For Today, Bhasin recommended three buy calls that will help investors make money in the near term.

HCL Tech Fut
Bhasin recommended HCL Tech as his first pick. 
Price: Rs 995.30
Target: Rs 1050
Stop Loss: Rs 969

For More Details Watch Full Video Here:

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज HCL TECH Fut, Sun TV Fut और Navin Fluorine में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/6M3FRUf3jt

— Zee Business (@ZeeBusiness) June 16, 2022

Navin Fluorine Fut
Bhasin recommended Navin Fluorine stocks as his second pick. He said it is a no-brainer.
Price: Rs 3639
Target: Rs 3850
Stop Loss: Rs 3540

Sun TV Fut
Bhasin recommended Sun TV stocks as his third pick. He said Sun TV is the owner of Sunrises Hydrabad and has taken an IPL bid of Rs 40,000 crores. Also, this stock has not come so cheap in the last 3 years, he added.
Price: Rs 415.50
Target: Rs 450
Stop Loss: Rs 400