Stocks to buy: Sanjiv Bhasin picks SBI Cards, Tata Motors, Tata Consumer for gains today; check why
Market expert and IIFL Securities Director Sanjeev Bhasin said on Tuesday that the gap of 15600 which had to be filled has been filled. Now, have to wait for 3 more days, the expiry of 17500 will be returned from June 18.
Market expert and IIFL Securities Director Sanjeev Bhasin said on Tuesday that the gap of 15600 which had to be filled has been filled. Now, have to wait for 3 more days, the expiry of 17500 will be returned from June 18.
He also said, "Volatility is your friend if you follow the trend." But for that reason, don't sell your stock in panic, he suggested, stay with them.
He said so while speaking to Zee Business Managing Director and Market Guru Anil Singhvi in a popular TV show ‘Bhasin Ke Hasin Share', where he also picked three stocks for investors that can yield high returns.
Talking about the updates on the market, Bhasin suggested staying with Bank Nifty, which he suggested yesterday at Rs 280. In that, increase the stop loss of Rs 180 today because there is volatility but it will go to Rs 400, he added.
Bhasin recommended staying with Arti Industries which is the pick of the week. The first target is Rs 755. He said he won't be surprised if this stock hits Rs 775 by the end of the next week.
For Today, Bhasin recommended three buy calls that will help investors make money in the near term.
SBI Card
Bhasin recommended SBI Card stock as his first pick. He said that this is the best stock to buy as far as the UPI layout comes.
Price: Rs 738 - Rs 740
Target: Rs 765
Stop Loss: Rs 718
For More Details Watch Full Video Here:
जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज Tata Motors Fut, SBI Cards Fut और Tata Consumer Fut में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/XuCViIf1I2
— Zee Business (@ZeeBusiness) June 14, 2022
Tata Motors
Bhasin recommended Indian Energy Exchange Ltd stocks. He said Nexon and the Europe business are doing extremely well. Tata Motor is a steal at Rs 400, he added.
Price: Rs 403
Target: Rs 430
Stop Loss: Rs 394
Tata Consumer
Bhasin recommended Tata Consumer stock as his third pick.
Price: Rs 744
Target: Rs 775
Stop Loss: Rs 720
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
07:09 PM IST