2024-03-20 06:07:20
New Delhi: Sanjeev Bhasin is called market guru. He is a well-known market expert. Bhasin, director of IIFL Securities, has 30 years of experience in evaluating stocks. He has deep understanding of share market, investment and economy. He is also known for giving investment advice. Sanjeev Bhasin has now advised to bet on five stocks of mid and small cap segment. According to him, these shares have a lot of strength. Come, let us know about those shares here.
Sanjeev Bhasin has said that midcap and smallcap have fallen by 80 percent from their highest level. This correction makes this segment attractive. The real money is still to be made in small and midcaps. Apart from this, people would have been most saddened by missing the rally of Public Sector Undertakings (PSU). Now any decline here will be a buying opportunity.
Expressed confidence in Hindustan Copper
Sanjeev Bhasin has bet on Hindustan Copper in midcap. He has called it a top pick. According to Sanjeev Bhasin, there is only one player in copper cathode in the country. That is Hindustan Copper. Copper prices have reached a three-year high. Reduction in production by China means that its demand is going to be higher. Hindustan Copper earns money for the country. This is the reason for their confidence in it.
Investment advice in these shares also
The second stock in which he advises to invest is Indiabulls Real Estate. According to experts, some small banks like Dhanlaxmi and DCB Bank can give very good returns. At the same time, he has expressed confidence in Ramco Cement, a very strong player in the cement sector.