In a chat with Zee Business Managing Editor Anil Singhvi, Market Analyst Vikas Sethi picked two stocks today – one each from the cash market and futures and options (F&O). The stocks were recommended with a short-term view in the popular TV show ‘Sadabahaar Sethi Saab’. Know which stocks he recommended today and why they are likely to give handsome returns to the investors.    

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Top Stocks To Buy: Mishra Dhatu Nigam Limited         

Analyst Vikas Sethi’s first stock was a PSU stock from the metal sector. He picked   

Mishra Dhatu Nigam Limited (MIDHANI). This company makes special alloys and its products are used in the defense sector.  

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This stock was trading around Rs 218 at the time of the recommendation. The stock has been seeing a consolidation for quite some time at it gave a breakout today. This stock will benefit from the government’s focus on defense and also on ‘Make in India’. The fundamentals are quite strong he said.  

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He puts the target price at Rs 230-235 and the stop loss at Rs 210.  

Top Stocks To Buy: NMDC       

Another stock picked by him was also from the PSU segment. He picked NMDC F&O stock. This stock was trading around Rs 187 at the time of recommendation. He called it a very strong company.  

He expects a strong quarterly result in this stock. He puts the target price at Rs 200 while the stop loss at Rs 180.