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Business / Mon, 03 Jun 2024 ET Now

Sanjiv Bhasin Election Stocks: Bullish on IT, Insurance - Know top picks

Authored by : Rishabh Raj Updated Jun 3, 2024 | 03:48 PM IST Sanjiv Bhasin Election Stocks: Ace investor Sanjiv Bhasin said he is bullish on insurance and IT sectors. Meanwhile, ace investor Sanjiv Bhasin said that he is bullish on the IT and insurance sectors. Bhasin further speaking about his second pick, said, "My second choice is SBI Life because I'm quite bullish on the insurance sector. During the session, the insurance stock touched an intraday high of Rs 1,436.40 and an intraday low of Rs 1,387.35. Wipro Share Price Today Shares of Wipro on Monday closed higher by 1.35 per cent at Rs 444.10 per share on NSE.

Authored by : Rishabh Raj Updated Jun 3, 2024 | 03:48 PM IST Sanjiv Bhasin Election Stocks: Ace investor Sanjiv Bhasin said he is bullish on insurance and IT sectors.

Sanjiv Bhasin Election Stocks: The 2024 Lok Sabha Election results is scheduled to be announced on Tuesday, June 4, and speculations are rife that the Prime Minister Narendra Modi-led BJP could secure over 350 seats in the 2024 Lok Sabha Election, as per what exit polls are indicating.

Meanwhile, ace investor Sanjiv Bhasin said that he is bullish on the IT and insurance sectors. In an episode of ET NOW Swadesh on Monday, Bhasin shared his top picks from these spaces.

Sanjiv Bhasin Top Picks Today Talking about his first top pick, Bhasin said, "Wipro could emerge as the top-performing IT stock this year, given its regular tie-ups with Microsoft in various verticals. Wipro may end-up in a bigger move over a period of time. Wipro is arguably the best IT stock to buy."

Bhasin further speaking about his second pick, said, "My second choice is SBI Life because I'm quite bullish on the insurance sector. With improvements in rural income and gross value additions, I believe investing in insurance is a no-brainer."

SBI Life Share Price Today Shares of SBI Life on Monday closed at Rs 1,391.50 per share on NSE, up 0.37 per cent against previous closing price. Over 8.8 lakh shares changed hands on both NSE, BSE.

During the session, the insurance stock touched an intraday high of Rs 1,436.40 and an intraday low of Rs 1,387.35. It has a 52-week range of Rs 1,199.25 and Rs 1,569.40.

Wipro Share Price Today Shares of Wipro on Monday closed higher by 1.35 per cent at Rs 444.10 per share on NSE. During the session, the stock hit and intraday high of Rs 450.55 and an intraday low of Rs 441.55.

Over 47 lakh shares changed hands on the counter. The IT stock has a 52-week range of Rs 375.05 and Rs 545.90.

Stock Market Today On Monday, the markets opened with a huge gap up, driven by exit polls indicating a decisive victory for the BJP.

The 30-share S&P BSE Sensex on Monday opened a massive 2621.98 points higher or 3.55 per cent up at 76.583.29. The NSE Nifty50 too started up 807.20 points or 3.58 per cent at 23,337.90.

Lok Sabha Election 2024 : Exit polls predict landslide victory for BJP All eyes are on June 4 when the Election Commission of India will announce the Lok Sabha election 2024 results for the 543 Parliamentary constituencies that went to polls over seven phases from April 19 to June 1.

With the official announcement of the winner still hours away, most exit polls have predicted a landslide victory for the ruling BJP and its NDA allies, leaving the Opposition India bloc trailing by quite a margin.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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