Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks Zee Entertainment, Ashok Leyland for gains; know why?

Market Expert and IIFL Securities Director Sanjiv Bhasin said the market was at 15700 on 7 March and at that time no one thought that it would reach 1750. So, it is very easy to be bearish but it is very difficult to be bullish, he said.

He also said only trust works in the share market.

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Bhasin said this while speaking with Zee Business Managing Editor and Market Guru 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 UltraTech Cement Limited, ACC Limited, and Ambuja Cements Limited are touching 2-3-month highs. Ambuja Cements Limited and Piramal Enterprises Limited (PEL) are outperforming.

Bhasin recommended two buy calls that will be beneficial for investors.

Zee Entertainment
Bhasin recommended Zee Entertainment stock.  He said, not only because Zee Entertainment is expanding but also the agreement between Sony and Zee is going to be beneficial and that is why he is bullish on this stock. Along with this, the Average Revenue Per Unit (ARPU) is also going to rise.
Buy: Rs 287.25
Target Price: Rs 300
Stop Loss: Rs 280

Ashok Leyland
Bhasin recommended Ashok Leyland stock. He said Ashok Leyland is seeing the best ever sale in commercial vehicles.
Buy: Rs 115
Target Price: Rs 122 - Rs 123
Stop Loss: Rs 111
He is also bullish that the stock will go up to Rs 145.

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जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज किन 2 स्टॉक्स में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/51agtKBswh

— Zee Business (@ZeeBusiness) March 30, 2022