Stocks to buy: Sanjiv Bhasin picks Titan, Tata Steel, Tata Consumer, Indian Hotels for gains today; check why
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin said on Wednesday that the price of crude will likely to go down from next week. He said when the prices of oil, and gas decrease then India will be in a sweet spot. He also picked investments and trading stocks for investors that can yield high returns.
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin said on Wednesday that the price of crude will likely to go down from next week. He said when the prices of oil, and gas decrease then India will be in a sweet spot.
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 investments and trading stocks for investors that can yield high returns.
For Today, Bhasin recommended four investments and three trading stocks that will benefit the investors.
He said all the four investments stocks are outperformers and from tata groups.
Indian Hotel
Bhasin recommended Indian Hotels stocks. He said occupancy is rising and the average room rate is also increasing. In Rs 216 - Rs 218, can't but make money, he added.
Price: Rs 218.10
Target: Rs 240 - Rs 245 - Rs 300
Tata Steel
Bhasin recommended Tata Steel stocks.
Price: Rs 959.50
Target: Rs 1100 - Rs 1150
Titan Company
Bhasin recommended Titan Company stocks. He said this stock is multi-bagger. It is surely the one-stop for owning jewelry and handmade jewelry, he added.
Price: Rs 2099.80
Target: Rs 2400 - Rs 2500
Tata Consumer
Bhasin recommended Tata Consumer stocks. He said it is the largest FMCG player available at half times of the other competitors. Also, it is growing in market share whether it is in Starbucks or all, he added.
Price: Rs 736.70
Target: Rs 1050
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Three trading stocks suggested by Bhasin are:
Sun TV
Bhasin recommended Sun TV stock as his first pick. He said this stock is a no-brainer. It is the biggest beneficiary, he added, as average ad revenue is also increasing.
Price: Rs 425 - Rs 426
Target: Rs 450
Stop Loss: Rs 415
L&T - Larsen & Toubro
Bhasin recommended Larsen & Toubro stocks. He said this stock is the biggest beneficiary in petrol, gas, and metal. This stock must be added to everyone's portfolio, he added.
Price: Rs 1542
Target: Rs 1650
Stop Loss: Rs 1510
Dalmia Bharat
Bhasin recommended Dalmia Bharat as his third pick. He said that if the prices of gas or natural gas come down, then Dalmia Bharat will benefit the most. The company's margins are strong and have a good reach, he added.
Price: Rs 1284.40
Target: Rs 1340
Stop Loss: Rs 1250
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