In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns

In today’s edition of popular TV show ‘Sadabahaar Sethi Saab’, Market Analyst Vikas Sethi recommended two stocks – both from the futures and options (F and O) market. He said that the correction over the last 1-2 trading sessions could act as a catalyst and it will be rewarding to play for a bounce back.   

Sethi’s recommendations to Zee Business Managing Editor Anil Singhvi was from the very short term perspective. Know which stocks are these and why this analyst picked them. He picked a pharma stock and cement stock today.    

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Top Stocks To Buy: Kotak Mahindra Bank      

Analyst Vikas Sethi’s first stock was a company from the banking sector. He picked Kotak Mahindra Bank. The March Futures are currently trading around Rs 1905. This stock should be bought at current levels, he said. 

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सदाबहार सेठी सा'ब: विकास सेठी से जानिए शॉर्ट टर्म में दमदार रिटर्न के लिए कैश और F&O सेगमेंट के 2 बेहतरीन स्टॉक्स@AnilSinghvi_ @vikassethi_SF pic.twitter.com/BOZDri8Elg

— Zee Business (@ZeeBusiness) March 5, 2021

He said that the immediate short term target in this stock is Rs 2000. He puts the stop loss at Rs 1870. 

Top Stocks To Buy: Reliance Industries    

Another stock picked by him was also from the F and O space and he picked a market stalwart in the form of Reliance Industries. The March Futures are currently trading around Rs 2175. There could be a big upside if the deal with Aramco sees fruition, Sethi said. He added that this stock will improve the sentiments of the market.  

He puts the target price of Rs 2250 and RS 2300 and the stop-loss at Rs 2150.