Top stocks to buy with Anil Singhvi: Sanjiv Bhasin has buy call for Bajaj Finance, Bajaj Finserve | Know stop-loss, targets, and more

Market Guru and Zee Business' managing director, Anil Singhvi, spoke to Sanjiv Bhasin, Director-IIFL Securities Ltd, to know the market update and his stock recommendations. Responding to the question by Singhvi, about the market update, Sanjiv Bhasin said, “Markets continue to be in under pressure and this is the time to buy blue chips.” He added, “HDFC and HDFC bank are my top picks.”

Bhasin gave two picks, GAIL and IEX. He said, “Stay with Gail, bulk deal going on and gas volumes are very strong.”  He added, “The target price is Rs. 134.50 with the stop loss of Rs. 127.50 on a closing basis.”  

Bhasin added, “IEX will be an outperformer (in my opinion) with the stop loss of Rs 63 on a closing basis.” Apart from these, he recommended Mphasis, M&M, and HCL Tech.  

For today, Bhasin recommended two blue chips for buy calls that will benefit investors and traders. These are Bajaj Twins - Bajaj Finance, Bajaj Finserve.

Bajaj Finance  

The first blue-chip stock recommended by Sanjiv Bhasin is Bajaj Finance. He said, “The current market price of the share is Rs. 7,026. With a stop loss of Rs. 6,875, the target price is Rs. 7,200.”

Bajaj Finserv

The second stock recommended by Bhasin in the show that will benefit the investors is Bajaj Finserv. He said, “The current market price of the share is Rs. 16,641.40. With a stop loss of Rs. 16,230, the target price is Rs. 17,500.”

He concluded, “I think this is the time to be in all these four shares; Bajaj Finance, Bajaj Finserv, HDFC, and HDFC Bank.”  

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