Stocks to buy today with Anil Singhvi: Panacea Biotech, Ramco Cements are Vikas Sethis top picks
In todays edition of popular TV show Sadabahaar Sethi Saab, Market Analyst Vikas Sethi recommended two stocks - one each from the cash markets and futures and options (F and O). Sethis recommendations to Zee Business Managing Editor Anil Singhvi were from the short term perspective. Know why this analyst picked Panacea Biotech, Ramco Cements
In today’s edition of popular TV show ‘Sadabahaar Sethi Saab’, Market Analyst Vikas Sethi recommended two stocks – one each from the cash markets and futures and options (F and O). Sethi’s recommendations to Zee Business Managing Editor Anil Singhvi were from the short term perspective. Know why this analyst picked Panacea Biotech, Ramco Cements - one a pharma stock and the other a cement stock.
Top Stocks To Buy: Panacea Biotech
Analyst Vikas Sethi’s first stock was Panacea Biotech from the cash markets. This company is into the business of commercial manufacturing of vaccines and will benefit from the approvals that come through with respect to coronavirus vaccine. Panacea Biotech keeps getting orders from UNICEF for manufacturing vaccines for children.
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Panacea Biotech share price is currently trading around Rs 247. Sethi puts Panacea Biotech target price at Rs 260 in a very short term period and the stop loss at Rs 235.
Top Stocks To Buy: Ramco Cements
Another stock picked by him was from the F and O space and that too in the cement sector. This sector's stocks were in action on Wednesday. Sethi recommended Ramco Cements, a company based in Southern part of India. The January Futures are trading around Rs 815.
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Sethi said that the December expiry is on Thursday and put Ramco Cements target price at Rs 835 and the stop loss is Rs 805.
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