Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks REC, GMR Infra, First Source Limited; Check price target

Stocks to buy: Market expert and IIFL Securities Director Sanjiv Bhasin on Wednesday picked three 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 also exuded confidence that the benchmark index will expire around 16800.

REC Limited Fut
Bhasin recommended REC Limited as his first and top pick. He said power utilities are in the best place.
Buy Price: Rs 127.55
Price Target: Rs 137
Stop Loss: Rs 123

For More Details Watch Full Video Here:

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज REC, GMR Infra और First Source Limited में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/DOjuabgm1H

— Zee Business (@ZeeBusiness) July 27, 2022

GMR Fut
Bhasin recommended GMR as his second pick. He said this stock is his favorite. Unquestionably, this stock is the best play on airport and type of cross-border travel.
Buy Price: Rs 34.90
Price Target: Rs 37.50
Stop Loss: Rs 33.50

Firstsource Solutions Limited Fut
Bhasin recommended Firstsource Solutions Limited as his third pick. He said the price of FSL stock will reach Rs 115 - Rs 117.
Buy Price: Rs 108.60
Price Target: Rs 115 - Rs 117
Stop Loss: Rs 105

Talking about the update of the market, Bhasin said BEL (suggested yesterday) is today's top gainer - up by 4%. Apart from that, DLF, Hindustan Copper, Sun Tv, and Honeywell auto are performing well. Tata Motors results, suggested for the past two days, will be excellent, Bhasin predicted.