Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Monday that “July will be one of the best months we have seen in the last 4 months.”
He suggested buying in the market and said this opportunity will not come again and again. There are enough undertones and bond yield at 2.8 is telling us that everything is priced in as far as the Fed, he added.
He spoke to Zee Business Managing Editor and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share’, in which, he picked three stocks for investors that can yield high returns.
Talking about the updates on the market, Bhasin said he is still bullish on Bosch, Bank of Baroda, Arti Industries, and Zee, suggested before. HDFC AMC is going to a new high, he added, and so is HDFC Life.
For Today, Bhasin recommended three buy calls that will help investors make money in the near term.
Bhasin recommended State Bank of India stocks as his first pick. He said SBI bank is now the third-largest player in the gold loan.
Price: Rs 469.30
Target: Rs 482
Stop Loss: Rs 455
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IDFC First Bank Fut
Bhasin recommended IDFC First Bank stocks as his second pick. He said the Casa ratio has gone to the highest in the midcap bag.
Price: Rs 33.35
Target: Rs 35
Stop Loss: Rs 32
Eicher Motors Fut
Bhasin recommended Eicher Motors stocks as his third pick. He said Eicher Motors has achieved the highest number in commercial vehicle MESB and has sold 65,000 Royal Enfield motorcycles.
Price: Rs 2778.65
Target: Rs 2950
Stop Loss: Rs 2700