Sanjiv Bhasin strategy, stocks today: Veteran market expert and IIFL Securities director Sanjiv Bhasin on Thursday said that the US market will surprise on the upside and that Indian markets will definitely outperform.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Bhasin while speaking to Managing Editor of Zee Business Anil Singhvi during a special show 'Bhasin Ke Haseen Share' said, "I think there is a buy opportunity. So I would suggest be stock-specific. During the course of the day, you should see accumulation in a lot of good stocks."

"Book the profit in Coromandel International which I had recommended earlier," he told the viewers.

Sanjiv Bhasin Stocks To Buy

 

UltraTech Cement Ltd

The market analyst said that the cement will take the biggest turn and the numbers will be strong as this is the best season for cement output. Ultratech will be the biggest beneficiary as there is no better bet than UltraTech in cement industry. It is the best Nifty stock and my top pick for 2023. 

UltraTech Cement Limited is an Indian cement company based in Mumbai and a part of Aditya Birla Group. UltraTech is the largest manufacturer of grey cement, ready-mix concrete and white cement in India with an installed capacity of 116.75 million tonnes per annum.
 
Price: Rs 6986.85
 
Target: Rs 7500
 
Stop Loss: Rs 6800

Bajaj Finance

According to Bhasin, Bajaj Finance will be one of the leading gainers of the Nifty. Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial company headquartered in Pune.
 
Price: Rs 6409
 
Target: Rs 6950/7000
 
Stop Loss: Rs 6800

Gujarat Gas

Gujarat Gas has almost 30,000 kilometres of pipeline, according to Bhasin. It is the largest player in the city gas distribution. It is also the largest natural gas trading company. Sanjiv Bhasin said, "Its trading margins may be the highest in this quarter. It is also the second-largest infrastructure transmission company."
 
Price: Rs 475.80
 
Target: Rs 500
 
Stop Loss: Rs 461

Government asks Tata Group-led Air India to cut salary of employees overstaying in Delhi's Vasant Vihar colony

Also Read | Tesla shares down 70% this year; Elon Musk tells workers 'not to be bothered'