Sanjiv Bhasin today stocks, strategy on Zee Business: Will NIFTY reclaim 18000 before Diwali? BUY 2 shares - check price targets
Dollar index can settle around 107-108 in next two months
Sanjiv Bhasin, IIFL Securities Director and veteran market expert, on Friday exuded confidence the Nifty will reclaim 18,000-mark by Diwali. In a special segment ‘Bhasin Ke Hasin’ aired on Zee Business Managing Editor Anil Singhvi, he said that the Dollar has topped out and if there is weakness in the American currency, the emerging markets will outperform.
He added that the market is pricing in as the worst of the Fed is behind and the Dollar index can settle around 107-108 in next two months.
Sanjiv Bhasin Today Picks On Zee Business- October 14:
Mphasis FUT
Mphasis’ result is on October 20 and according to Bhasin, in midcap IT, Mphasis will come out with good results. He said that Mphasis will outperform.
Buy Price: Rs 2134
Stop Loss: Rs 2070
Price Target: Rs 2325
GMF Infra FUT
Buy Price: Rs 35.50
Stop Loss: Rs 34
Price Target: Rs 37.50
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