Stocks to buy with Anil Singhvi: Themis Medicare and Infosys are Vikas Sethi’s top picks for good returns
In the latest episode of ‘Sadabahaar Sethi Saab’ show, Zee Business Managing Editor Anil Singhvi spoke to market analyst Vikas Sethi and asked him to reveal his top picks that can generate good returns for investors
Even as RBI announced that it is retaining the status quo as far as repo rate is concerned and also highlighted the fact that its accommodative stance would continue and raised its GDP forecast, the markets soared to new all time highs, with BSE Sensex closing above 45,000 mark for first time ever. And, in the latest episode of ‘Sadabahaar Sethi Saab’ show, Zee Business Managing Editor Anil Singhvi spoke to market analyst Vikas Sethi and asked him to reveal his top picks that can generate good returns for investors. Sethi gave two calls today—one from cash market and another form F&O space.
Find detail coverage in the video below:
सदाबहार सेठी सा'ब: शॉर्ट टर्म में दमदार मुनाफे के लिए विकास सेठी के बेहतरीन PICKS@AnilSinghvi_ @vikassethi_SF pic.twitter.com/HJ30DcXnO6
— Zee Business (@ZeeBusiness) December 4, 2020
He picked a pharma company stock for cash market. Identifying Themis Medicare for good returns, Sethi said it is a small size company with a market cap of around Rs 370 crore but it is in the business from last 50 years. It caters to pain and critical care segment. He said the stock had earlier too met the target given by him and is again showing momentum. One of its products has also been made mandatory by Transport and Highways ministry in first-aid kit of all the vehicles that will be sold. Calling it a very good company with solid fundamentals, Sethi advised to buy this stock at CMP for a very short-term target of Rs 400 with a stop-loss of Rs 365. Themis Medicare stock was trading around RS 385 during the day.
Picking Infosys in F&O space, Vikas Sethi said, currently there is good focus on IT stocks and they are showing good upward trend. He said this stock is trading around Rs 1140 to Rs 1141 in December future and it should be bought as IT sector is likely to do better in near future. Saying the stock could do wonders from this level, Sethi gave a target of Rs 1175 for this counter on immediate basis and put a stop-loss at Rs 1125. The stock was trading around Rs 1140 during the day.
Zee Business Managing editor Anil Singhvi also backed this Infosys stock and said if someone has made a good position in it, he/she should hold on to it as it can show good momentum from here.
See Zee Business Live TV Streaming Below:
08:29 PM IST