Stocks to Buy With Anil Singhvi: Sun TV and HPCL are top Sanjiv Bhasin picks today for good returns
Market analyst Sanjiv Bhasin in a chat with Zee Business Managing Editor Anil Singhvi said that the market is in unchartered territory and investors should be cautious.
Market analyst Sanjiv Bhasin in a chat with Zee Business Managing Editor Anil Singhvi said that the market is in unchartered territory and investors should be cautious. “The market is giving you a sense of disbelief. So a little caution is required of everyone. A correction was seen in the US market yesterday (Monday), it could happen here too.”
Another thing is that dollar is extremely oversold and now looking ripe for a comeback, which will definitely have some effect on metals and emerging market, Bhasin said. “You have to be cautious and stock specific currently,” is what he wanted investors to be.
भसीन के हसीन शेयर: बाजार के आउटलुक पर क्या है राय?
साथ ही जानिए संजीव भसीन ने किन शेयरों को चुना खरीदारी और बिकवाली के लिए@IIFLMarkets @sanjiv_bhasin pic.twitter.com/4bFbJjytCU— Zee Business (@ZeeBusiness) January 5, 2021
Talking about his calls, the market analyst said he has two buy calls. Recommending Sun TV as his first pick, he said media will rise from here and outperform. For Sun TV, Bhasin suggested to buy it around Rs 495 to Rs 497 for a target of Rs 515. He put stop-loss for this stock at Rs 487. "As we speak, this stock gained a little, so keep your stop-loss more viable and maintain it for RS 490," he said.
See Zee Business Live TV Streaming Below:
Another Bhasin call was HPCL. “Strong rupee and falling crude is the perfect recipe for HPCL. Buy HPCL for a target of Rs 230/232 around Rs 223. Put a stop-loss of Rs 217 for this share,” he said
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
12:59 PM IST