TOP PSU Stocks To Buy: In chat with Anil Singhvi, analyst Vikas Sethi recommends MIDHANI, NMDC for handsome gains

TOP PSU Stocks To Buy: In chat with Anil Singhvi, analyst Vikas Sethi recommends MIDHANI, NMDC for handsome gains

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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.    

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.  

See Zee Business Live TV Streaming Below:

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.  

Watch Zee Business Tweet Video Below:

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.



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