Top stocks to buy with Anil Singhvi: Sanjiv Bhasin picks AB Capital, Indian Hotels for gains; know why?

Market Expert and IIFL Securities Director Sanjiv Bhasin remains bullish on Indian hotels and advised investors to not shy away from investing in markets. He said any dip is a buying opportunity in the market, consolidation will take place and a fresh breakout will be seen from Monday.

Bhasin said this while speaking with Zee Business anchor & head-researcher Deepanshu Bhandari in a popular TV show ‘Bhasin Ke Hasin Share'. He also picked two stocks for investors for high returns.

Talking about the updates of the market Bhasin said National Aluminium Company Limited (NALCO), which was proposed at Rs 112, sold out at Rs 118; Tata Consumer, which was indicated at Rs 716, sold out at Rs 732; McDowell sold out at Rs 865, suggested at Rs 838, and Indian hotels sold out at Rs 211, which was suggested at Rs 204- Rs 205.

The market expert is very bullish on Indian Hotel and said it's a must-buy stock.
He also added Ultra Tech will be an outperformer and he is still in the favor of holding that stock, it will go to Rs 7200 minimum.

Bhasin advised Godrej Properties as the second play to stay. It has risen to Rs 1610.
Price: Rs 1535 - Rs 1550
Target: Rs 1640

He is also optimistic about Property stocks - including DLF and Godrej properties and advises investors to stick with them. They will also outperform.

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

AB Capitals
Bhasin recommended AB Capitals stock. He said AB Capital is a big play on the AMC (Asset Management Companies), the AIF (Alternative Investment Fund), and the insurance. He also added that it's at very cheap valuation.
Buy: Rs 108
Target Price: Rs 115
Stop Loss: Rs 104

Indian Hotels
Bhasin continues to remain bullish on this stock and recommended Indian Hotels one more time.
Buy: Rs 204
Target Price: Rs 215
Stop Loss: Rs 199

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/grKE75m0pp

— Zee Business (@ZeeBusiness) February 23, 2022