Top pick with Anil Singhvi: Sanjiv Bhasin recommends REC and Bosch for strong returns; says Nifty50 soon to touch 18,200 levels

In the latest episode of 'Bhasin Ke Hasin Share', Managing Editor of Zee Business Anil Singhvi spoke to Sanjiv Bhasin, Director of IIFL Securities Ltd, about his stock recommendations and outlook regarding the share market.

According to Bhasin, the Bank Nifty is performing really well. He continued, "The Nifty50 will touch 18,200 soon." Talking about his previous recommendations, he said that all of the targets have been met. Ashok Leyland, Motherson Sumi, Maruti, Bharat Forge, NBCC and Dalmia Bharat all have met their target prices.

The bank stocks, including Bank of Baroda and SBI have performed well. The outlook for the banking shares remains positive amidst the rising Nifty Bank. Bhasin's recommendation Rajashtan Spinning and Weaving Mills (RSWM) are touching the 52-week high levels.

REC Ltd
Talking to Singhvi, Bhasin recommended two stocks for buying in the episode. The first stock is REC. He said, "Electric Finances are in the best place. The asset quality of power lenders will be the best." 

Price: Rs 139 - Rs 140

Target: Rs 144.5

Stop Loss: Rs 136.5

Bosch Ltd

The second stock Bhasin recommended is Bosch. He said it is his favourite stock and is currently underpaid stock.

Price: Rs 17,380.05 

Target Price:  Rs 17,850 - Rs 18,000 

Stop loss: Rs 16,600

For more details, Watch Full Video Here:-

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज किन 2 स्टॉक्स में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/xCxr7YatYk

— Zee Business (@ZeeBusiness) January 10, 2022