Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks GAIL, Aarti Industries for gains - Here's why

Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Monday predicted that the market will touch 18000 levels this week. Bhasin does not see a correction beyond 200 points in the worst-case scenario arguing that Nifty50 is unlikely to traverse below 16400.

He also suggested being stock-specific after a 1000-point run-up, it will bring profit.

Bhasin was speaking to Zee Business Managing Director Anil Singhvi in a popular TV show ‘Bhasin Ke Hasin Share'. He also picked two stocks for investors that will give high returns.

Talking about the updates of the market, Bhasin said to stay with Jindal Steel which was suggested during closing bells at Rs 363.
Price: Rs 368
Target: Rs 375
Stop Loss: Rs 354

He also suggested staying with Bandhan Bank.
Price: Rs 321
Target: Rs 330
Stop Loss: Rs 314

For Today, Bhasin recommended two buy calls that could benefit investors.

GAIL
Bhasin recommended GAIL stock as his first pick. He said GAIL is the biggest beneficiary of riding crude and LNG.  
Price: Rs 149
Target: Rs 158
Stop Loss: 143

For More Details Watch Full Video Here:

IIFL सिक्योरिटीज के संजीव भसीन का बाजार पर आउटलुक...

संजीव भसीन ने आज किन स्टॉक्स में दी निवेश की सलाह?

जानिए इस वीडियो में...@AnilSinghvi_ @sanjiv_bhasin @iiflsecurities pic.twitter.com/kkImgUScGx

— Zee Business (@ZeeBusiness) June 6, 2022

Aarti Industries
Bhasin recommended Aarti Industries as his second pick. He said that Aarti Industries was the biggest player in benzene - nitrochloro benzene and API chemical site. Along with this, the discussion of demerger of both the companies is also going on. The stock is very attractively priced, he added.
Price: Rs 721
Target: Rs 775 - Rs 785
Stop Loss: 705