Nifty in sweetest spot, Sanjiv Bhasin tells Anil Singhvi; ACC, Ambuja Cement top buys for today
The stock markets are headed for an expiry this week with the impending elections in the US. Europe seeing a resurgence in the new coronavirus infections. With crude oil prices hovering around USD 35 per barrel and bond yield at 5.83 per cent now, India is in the sweetest spot, IIFL Director Sanjiv Bhasin told Zee Business Managing Editor Anil Singhvi
His first buying pick was ACC. This stock should be bought around Rs 1625. He puts the stop loss at Rs 1590 while the target price at Rs 1685