Top Picks with Anil Singhvi: Sanjiv Bhasin suggests IndiGo, City Union Bank and Piramal Enterprises for gains
In a conversation with Zee Business Managing Editor Anil Singhvi, Sanjeev Bhasin, Director at IIFL Securities recommended three stocks for the investors.
In a conversation with Zee Business Managing Editor Anil Singhvi, Sanjeev Bhasin, Director at IIFL Securities recommended three stocks for the investors. The stocks were recommended in the popular TV programme "Bhasin Ke Hasin Share'.
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Here is the list of stock picks suggested by IIFL Director Sanjiv Bhasin today:
IndiGo: Price - Rs 2160-65 I Stop-loss - Rs 2120 I Target - Rs 2300
Bhasin said, "IndiGo has been an outperformer and it has yielded highest-ever numbers." He recommended to get IndiGo at Rs 2160-65 at a stop-loss of Rs 2120 with a target of Rs 2300.
City Union Bank: Price - Rs 133.5-134 I Stop-loss - Rs 129 I Target - Rs 139-140
For the next pick, Bhasin suggested City Union Bank. "It has excellent numbers in the MidCap front," Bhasin said. He asked to get the stock at Rs 33.5 to 34 with a stop-loss of Rs 129 and a target of Rs 139-140.
Piramal Enterprises: Price - Rs 2282.35 I Stop-loss - Rs 2210 I Target - Rs 2450
As for the third stock, Bhasin recommended Piramal Enterprises Limited. He said to get it for a price of Rs 2282.35 with a stop-loss of Rs 2210 and a target of Rs 2450
On Tuesday, benchmarks Nifty50 and the S&P BSE Sensex ended 3 per cent higher in the closing at the domestic stock markets. The broader Nifty reclaimed 17, 300, while the Sensex surged nearly 1700 points, aided by auto and FMCG stocks. The two indices ended near 17,400 and above 58,100 in a major pull back today.
(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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