Sanjiv Bhasin is a well-known Indian stock market expert and former Director of IIFL Securities, popular among retail investors for his regular appearances on business news channels and insightful stock market predictions. With decades of experience in equity trading and financial analysis, Bhasin built a strong reputation for providing bold stock calls and long-term investment advice. However, recent developments have brought his name under scrutiny.
Personal Details
Field | Details |
---|---|
Name | Sanjiv Bhasin |
Profession | Stock Market Expert, Consultant |
Former Role | Director, IIFL Securities (2017–2022) |
Current Status | Banned by SEBI (as of June 2025) |
Media Presence | CNBC Awaaz, Zee Business, ET Now |
Nationality | Indian |
Career Overview
Sanjiv Bhasin became a household name in India’s retail investor community due to his frequent stock tips and clear market guidance. He was associated with IIFL Securities, where he served as Director and later as Consultant until June 2024. Known for his confident market predictions, Bhasin often encouraged long-term investing in fundamentally strong companies.
Stock Market Insights and Popular Picks
Over the years, Bhasin shared numerous stock recommendations on national TV and IIFL’s Telegram channel. Some of his most popular and successful picks include:
- JK Lakshmi Cement: Claimed to be one of his best investments—reportedly bought at ₹9 and rose above ₹800.
- UltraTech Cement: Strong bullish stance due to India’s infrastructure growth.
- SBI Life & HDFC Bank: Preferred for long-term value and consistency.
- Vedanta, Asian Paints, Dr Reddy’s: Frequently suggested as safe long-term bets.
- Sector Preferences: Cement, BFSI, FMCG, and Pharma.
His investment philosophy emphasized long-term wealth creation, often advising investors to ignore short-term volatility.
SEBI Ban and Controversy (June 2025)
On June 17, 2025, SEBI (Securities and Exchange Board of India) passed an interim order banning Sanjiv Bhasin and 11 others from the securities market. The order alleges a “front-running” scheme where Bhasin and associates bought shares using linked entities and then publicly recommended those same stocks to drive up prices—before selling them at a profit.
Key Allegations:
- Front-running via Telegram & TV tips
- Involvement of entities like Venus Portfolios, Gemini Portfolios, RRB Master Securities
- SEBI seized unlawful gains of ₹11.37 crore
- Evidence includes WhatsApp chats, call recordings, and trade logs
Bhasin has been granted 21 days to respond to the allegations.
Net Worth
As of 2025, no official figure confirms Sanjiv Bhasin’s net worth. However, based on SEBI’s seizure of ₹11.37 crore in alleged gains and his decades-long presence in the financial sector, it’s estimated his personal net worth could range in the tens of crores, potentially higher when including long-term investments and consulting roles.
Note: His financial and professional future now hinges on SEBI’s final verdict and any subsequent appeals.
Conclusion
Sanjiv Bhasin’s story is a striking reminder of how credibility and influence in financial markets come with immense responsibility. Once a trusted face in Indian investing circles, his future now depends on how the legal and regulatory process unfolds. For investors who followed him, it’s a moment to re-evaluate the importance of independent research over influencer-driven decisions.