Market Analyst Vikas Sethi picked two stocks today – and both were from the Futures and Options (F and O) segment. The stocks were recommended with a short term view in the popular TV show ‘Sadabahaar Sethi Saab’ with Zee Business Managing Editor Anil Singhvi. Know which stocks he recommended in today’s edition and why will they deliver handsome returns to the investors.  

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Top Stocks To Buy: Divi's Lab 

Analyst Vikas Sethi’s first stock was a company from the pharmaceuticals sector. He picked Divi’s Lab. This stock has been recommended previously by him at much lower levels. The Initial Public Offering (IPO) of Glenmark Pharma’s API arm is expected to come soon which will not only trigger this stock but other stocks in this space including Divi’s, Sethi said.

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April Futures of Divi’s Lab stock was trading around Rs 3793 at the time of recommendation. The conservative target of Divi’s Lab is Rs 3850 while the next target is Rs 3900. He puts the stop loss at Rs 3750.

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The Market Guru also put a stamp of approval on this stock saying that it is now ready to run.

Top Stocks To Buy: Wipro     

Another stock picked by him was also from the F and O space and he picked an IT sector company Wipro. This stock was trading around Rs 453 at the time of recommendation. Sethi advised investors to buy this stock at the current levels.

This stock is very strong fundamentally and the Q4 results announcement is scheduled on 15 April, Sethi said. He expects strong results in this quarter. He puts the target price of Rs 475-480. He puts the stop loss at RS 440.