Buy Bharat Electronics, NMDC: Krish Subramanyam

Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital told CNBC-TV18, "Couple of stocks which have seen some pretty decent rolls, the first one is Bharat Electronics (BEL). Of course defence stocks have also been doing pretty well and this has been high momentum stock in the August series. Probably we should see some more advances coming about. Very decent rolls coming about for the September series as well. This could be possibly bought for a target of Rs 198 and keep a stop loss of Rs 187."

"Second is NMDC which has had a good August series and even the rolls seems to suggest that probably September should be, the momentum should be carried forward. So, this stock also could be bought for a possible target of Rs 134 and one could keep a stop loss of Rs 125," he added.