Buy these stocks, according to Sanjiv Bhasin, for good returns in the near future: Grasim Industries Ltd. and GNFC

Stocks to buy: IIFL Securities Director Sanjeev Bhasin, a market analyst, advised on Wednesday that those who purchased Bank Nifty yesterday at a price of Rs 15,430 should do so again today at a price of Rs 15570. He added that companies such as Tata Motors, Indian Hotels, L&T, Motherson Sumi, and Info Edge (Naukri) are outperforming.



Equities to buy: IIFL Securities Director Sanjeev Bhasin, a market analyst, stated on Wednesday that practically all stocks are under pressure in the present market, but it is crucial that investors have a long-term perspective.


Bhasin stated that those who purchased Bank Nifty yesterday at a price of Rs 15,430 should book it today at a price of Rs 15570. He added that companies such as Tata Motors, Indian Hotels, L&T, Motherson Sumi, and Info Edge (Naukri) are outperforming.

In the well-known television programme "Bhasin Ke Hasin Share," he was speaking with the managing editor of Zee Business, Anil Singhvi. Two equities with excellent potential for future returns were chosen for investors by the market expert.

Bhasin suggested two buy calls for today that would enable investors to profit in the near future.

Grasim Industries Limited

Bhasin's initial pick was the stock of Grasim Industries Limited. He said that Grasim had a holding in the booming cement industry. Prices for BSE are also rising. Because input costs will decrease, Grasim is in a good place.

Price: Rs 1338/-
Target: Rs 1375/-
Stop Loss: Rs 1300/-

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