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Stocks To Buy With Anil Singhvi: LT, BPCL are Sanjiv Bhasin’s top picks; analyst assures outperformance


In a chat with Zee Business Managing Editor Anil Singhvi during the popular TV Show ‘Bhasin Ke Hasin Share’, analyst Sanjiv Bhasin said that the global cues are playing havoc with stock market on the day of expiry. On the issue of volatility, he said that the investors should not worry much as things will become much better in a week’s time. He said that the start of October will see a sharp turnaround. 

Bhasin added that the markets needed a correction and that is what has happened. He said that it is a great entry point for buying quality stocks. He further said that the correction is primarily on the back of declines in Nasdaq and Dow Jones. He expects a strong pull back by next week

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On his previous updates, the IIFL Director said that ICICI Prudential has even gone beyond its target price. Bank of Baroda has also achieved its targets. He advised investors to hold Dabur.

Today, he recommended two stocks for buying which he said can also be kept for delivery.

Top Stocks to Buy:  LT         

The technical analyst recommended Larsen and Toubro as his top buy. This stock is currently trading around Rs 845. He puts the stop loss at Rs 831 with a target price of Rs 910. 

Top Stocks to Buy:  BPCL 

The second stock recommended by him was BPCL. This stock is currently trading around Rs 383. He puts the stop loss at Rs 376 while the target price at Rs 410.  

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He said that both these stocks will outperform during next week and in October.





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