Top stocks to buy with Anil Singhvi: Sanjiv Bhasin picks power stocks - PFC, REC | Know target price, stop-loss, and more
In Bhasin Ke Hasin Shares, Zee Business Managing Editor Anil Singhvi spoke to Sanjiv Bhasin, Director of IIFL Securities Ltd, where he picked two power stocks for high returns.
In yet another episode of Bhasin Ke Hasin Shares, Zee Business Managing Editor and Market Guru Anil Singhvi spoke to Sanjiv Bhasin, Director of IIFL Securities Ltd, where he picked two power stocks for high returns.
Talking about the outlook and update of the market, Bhasin said the outlook is going toward 18,000 but the volatility will remain there in the market for one or two days.
He further added that the bank nifty is outperforming and PSUs (Public Sector Undertakings) are also doing well.
Yesterday's stocks - Bharat Forge Limited, Hindustan Copper Ltd, SAIL (Steel Authority of India Limited), Aditya Birla Capital, Ashok Leyland, all have outperformed, he informed.
He also mentioned that ACC, UltraTech are my top performers.
For today, Bhasin recommended two power stocks that will benefit the investors. Both are PSUs because power is in a sweet spot.
REC Limited
Buy: Rs 137
Target Price: Rs 142.50
Stop Loss: Rs 135
PFC - Power Finance Corporation Ltd.
Buy: Rs 122.50
Target Price: Rs 128.50
Stop Loss: Rs 120
For More Details, Watch Full Video Here
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