Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks AB Capital Aug Fut, UPL Aug Fut; Check price target
In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Sanjiv Bhasin picked two stocks for investors and said that if there is a decline in the index, it will be an opportunity to buy, don't miss it.
Stocks to buy today: Market expert and IIFL Securities Director Sanjiv Bhasin on Thursday picked two stocks for investors that can yield high returns in the near term. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he said that "if there is a decline in the index, it will be an opportunity to buy, don't miss it".
AB Capital Aug Fut
Bhasin recommended Aditya Birla Capital as his first pick. He said the results of AB Capital would be declared next week. The IIFL Securities Director predicted that the results would be excellent. "AB capital is the most undervalued NBFC which can become a bank, so, this is a must-have in a portfolio," Bhasin added.
Buy Price: Rs 103.65
Price Target: Rs 110
Stop Loss: Rs 100
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IIFL सिक्योरिटीज के संजीव भसीन का आज बाजार क्या आउटलुक?
आज AB Capital Aug Fut, और UBL Aug Fut में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/lkmZoGlzDS
— Zee Business (@ZeeBusiness) July 28, 2022
UPL Aug Fut
Bhasin recommended UPL Limited as his second pick. He said that the results of UPL are also going to be declared next week. The quarter results would be outstanding, Bhasin predicted.
Buy Price: Rs 728.50
Price Target: Rs 775 - Rs 785
Stop Loss: Rs 710
Talking about the update of the market, Bhasin said BEL, HAL, and Bajaj Finserv are trading high. Persistent, Tech Mahindra, HCL Tech, DLF, and REC are outperformers. Apart from that, the market expert said Tata Motors is a must-buy stock at the current price, and "if you have it, please stay". He added that the stock will give you exceptional return in the month of August. The star of the August month will be Tata Motors, Bhasin said.
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