#StockOftheDay: Know which stock Anil Singhvi recommended today and the reason behind it
Zee Business Managing Editor Anil Singhvi said investors should buy into Gujarat Industrial Power Corporation Limited (GIPCL). He said that 3 things are moving in markets, they are power stocks, PSU stocks and Gujarat companies. GIPCL is a Gujarat based PSU Company. Prime Minister Modi has clearly indicated that the Government has no Business to be in Business. After this statement, Gujarat PSU stocks have started making strong moves.
Singhvi said Market Participants are thinking that the Government will start exiting stake first from Gujarat based companies and so they have started moving: Zee Business