Stocks To Buy With Anil Singhvi: Sanjiv Bhasin in bullish mode on markets; recommends TCS, Bajaj Finance as top buys

Stock Markets are “extremely oversold” market expert Sanjiv Bhasin said in his chat with Zee Business Managing Editor Anil Singhvi while giving his outlook. He said that the headline for the day is however, the starting of all local trains from 1 February in Mumbai. The Covid-19 pandemic is receding and life is coming back to normalcy.  

He said that the government will give good budget along with tax cuts that will be neutral to the market. 

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He said that this is the best time to buy and by next Friday Nifty will be trading around 14,500. He said that he has not seen FIIs more bullish on India than now.   

He recommended two stocks today and both were buy calls. He said that both the stocks are market stalwarts.

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संजीव भसीन आज TCS और Bajaj Finance पर क्यों हुए बुलिश ? जानें यहां#ZBizBazaar @AnilSinghvi_ @IIFLMarkets @sanjiv_bhasin pic.twitter.com/mnhnQuXeY1

— Zee Business (@ZeeBusiness) January 29, 2021

Top Stocks to Buy: TCS            

The IIFL Director recommended TCS as his top buy. He said that this stock has posted strong results and is now available at a discounted price. He recommends buying in TCS at prices between Rs 3140-3145. He puts the stop loss at Rs 3070 and the target price at Rs 3400. 

Top Stocks to Buy:  Bajaj Finance 

He said that the other Buy recommendation is on Bajaj Finance. He said that this stock will be a beneficiary of Mumbai’s opening. He said that this stock should be bought at RS 4835. He puts the stop loss at Rs 4765 and the target price at Rs 5000.