Stocks To Buy With Anil Singhvi: Short-term gains in mind? Vikas Sethi picks 2 to deliver the goods - one is HDFC Bank, check out the other

In his chat with the Market Guru and Zee Business Managing Editor, analyst Vikas Sethi revealed two stocks today – one from cash markets and other F&O. In the latter, he picked HDFC Bank which will announce its quarterly results on Saturday and he expects a strong result. In cash markets, the technical analyst picked CESC Ventures as his short term buy. 

Making money fast is what dreams are made of, but you have to put in the hard yards first. Yes, research, experience, hard work, enterprise, vision and more are all required to make the correct calls to earn money on stock markets and that too in times of coronavirus. That is exactly what Zee Business Managing Editor Anil Singhvi is doing - helping investors make the right choice and earn money through  his show - #SPLMidcapStocks 

Today, the Market Guru's show featured analyst Vikas Sethi and his recommendations. One of his earlier stock picks, Cummins India, has done very well indeed and it earned good value for its investors. He recommended this stock at Rs 444 with a target rice of Rs 460 in the near term. Cummins India today closed around Rs 463. Sethi is Managing Director (MD) at Sethi Finmart.
In his chat with the Market Guru, Sethi revealed two more stocks – one from cash markets and other F&O.

Top Stocks To Buy: HDFC Bank 

This stock was picked by Sethi from F&O segment. HDFC Bank is the largest private sector bank and it will announce its quarterly results on Saturday and they are likely to be strong. He said one cannot be bullish on Bank Nifty without HDFC Bank performing. He recommends a Buy on this stock at current levels of Rs 1200. He puts the stop loss at Rs 1185 with target of Rs 1230. The call however is till Monday, he said.

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Top Stocks To Buy: CESC Ventures

The technical analyst picked CESC Ventures as his short term buy. The stock is currently trading around Rs 215 with target of Rs 235 and stop loss of Rs 207. He said the Market Guru will like this pick as it was covered once in Malamaal Weekly as well. This company belongs to RP – Sanjiv Goenka Group Company. The market cap of the company is around Rs 575 – Rs 600 cr. This company owns 53.89% stake in group company FSL (Firstsource Solutions limited). Market cap of FSL is around Rs 4800 cr, which implies CESC Ventures stake is close to Rs 2600 cr in holding company FSL. Also, the company owns one prominent mall in Kolkata called Quest Mall. They have 100% stake in “Bowlopedia”, which operates eleven restaurants in Kolkata, New Delhi and the National Capital Region under the brand names “Waffle Wallah” and “The Chef’s Bowl”. Also, they own a fast moving consumer goods company under the brand name “Too Yumm!”, whose brand Ambassador is Virat Kohli. Promoters own 50% in the company. CESC Ventures is deeply undervalued stock and investors must own this in their portfolio. He adds, it is possible to see Rs 300 – Rs 325 in next 9 to 12 months.

(Authored by Rahul Kamdar)