Stocks to buy: Market expert and IIFL Securities Director Sanjiv Bhasin on Thursday picked three stocks for investors that can yield high returns in the near term. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he also said that there is hope that the market will reach 16800 soon.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Wipro
Bhasin recommended Wipro as his first pick. He said this is the most inexpensive stock. Adding, he said it has a one-quarter weakness. Wipro can be a big outperformer, he said.
Buy Price: Rs 408.65
Price Target: Rs 425
Stop Loss: Rs 394

Tata Motors Fut
Bhasin recommended Tata Motors as his second pick. Unquestionably, the numbers of Tesla are saying that "EVs are here to stay," said Bhasin, so buy Tata Motors.
Buy Price: Rs 454.80
Price Target: Rs 475
Stop Loss: Rs 443

For More Details Watch Full Video Here:

Navin Fluorine Fut
Bhasin recommended Navin Fluorine as his third pick. He said there is again a lot of demand in specialty chemicals and Floro chemicals.
Buy Price: Rs 3713.90
Price Target: Rs 3825
Stop Loss: Rs 3640

Taking about the update of the market, Bhasin said UPL, suggested two days ago at Rs 675, has now reached above the target. So, book profit in it, he said. Deepak Nitrate has also outperformed, he added, book profits it that too.