Stocks to buy: Sanjiv Bhasin recommends Info Edge, DLF, Piramal Enterprises to Anil Singhvi for high returns | Know targets, buying levels
Market expert and IIF Securities Director Sanji Bhasin expects market sentiments to improve in a couple of days. He said that Nifty could trade between 17,500 - 17,700 without doing to much. The global uncertainilties is reflecting even in the domestic markets he said.
Market expert and IIF Securities Director Sanji Bhasin expects market sentiments to improve in a couple of days. He said that Nifty could trade between 17,500 - 17,700 without doing to much. The global uncertainilties is reflecting even in the domestic markets he said.
Howvever, reopening trades including international travel augurs well, he said. The oil deal with Iran will be an excellent news. Moreover, there is momentum in sectors like real estate and also job hiring, he further said.
He recmmends a buy at current falls and picked three stocks for investors. Today’s pick for the investors, according to Bhasin, should be:
Info Edge
Bhasin picks Info Edge saying that company's digital footprint is growing. The company which runs flagship online job portal naukri.com has recently made an acquisition, he said. He said that this could go up to Rs 5500.
Price: Rs 4565 - Rs 4570
Target Price: Rs 4775
Stop Loss: Rs 4470
DLF
Due to the low availability of real estate in Delhi NCR, the stocks have high potential, as per Bhasin.
Price: Rs 366
Target Price: Rs 382
Stop Loss: Rs 358
Piramal Ent
Bhasin said that this is his favourite stock
Price: Rs 2280 -Rs 2285
Target Price: Rs 2450 - Rs 2475
Stop Loss: Rs 2225
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