Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks Firstsource, Balkrishna Ind; Check price target

Stocks to buy today: Market expert and IIFL Securities Director Sanjiv Bhasin on Friday 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 suggested investors to hold Tata Motors and predicted that the scrip will touch Rs 475 next week.

Firstsource Fut
Bhasin recommended Firstsource Solutions Limited as his first pick. He said it is one of the largest call centers owned by the Sanjiv Goenka Group. Also, the group has its own expansion. Good numbers will be seen in this, he added.
Buy Price: Rs 112.70
Price Target: Rs 117
Stop Loss: Rs 108

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Balkrishna Ind Fut
Bhasin recommended Balkrishna Industries Limited as his second pick. He said, "it will come out with stellar numbers and high dividends."
Buy Price: Rs 2329.35
Price Target: Rs 2390 - 2400
Stop Loss: Rs 2270

Talking about the update of the market, Bhasin said GMR, Indigo, Navin Fluorine, Deepak Fertilizer and Tata Power are outperformers. Mphasis is also an outperformer, Bhasin added.