Buy Can Fin Homes, L&T Fin, Kotak Bank, Pidilite, Century Tex, Interglobe: VK Sharma

VK Sharma, Head of Business, Private Client Group at HDFC Securities told CNBC-TV18, "Can Fin Homes and L&T Finance Holdings did well yesterday and that is a theme which is totally in line with the government thinking. So, I am buying 2,800 Call in Can Fin Homes at Rs 88, stop loss at Rs 60 with a target of Rs 120 in the series. I am buying 132.5 Call in L&T Finance Holdings at Rs 4.4, stop loss at Rs 3 and a target of Rs 7."

"In other to complete the financial package, I have Kotak Mahindra Bank which we like among best of the banks. This one has not done anything in the last four-five sessions. On a day when State Bank of India (SBI) could be under pressure, this could do the heavy weightlifting for the Nifty, Bank Nifty per se. So I am buying 980 Call at around Rs 14, stop loss at Rs 9 and target around Rs 25," he said.

"Almost 6 percent open interest was added yesterday in Pidilite Industries. The stock didn't do much well, just rose 1 percent. For the series however, it has risen almost 7 percent. So, I am buying 800 Call here at around Rs 21, stop loss at Rs 15 and target around Rs 35. I am buying 1,100 Call at Rs 32 and stop loss at Rs 25 and target is around Rs 50 in Century Textiles and Industries."

"Interglobe Aviation (Indigo) is a stock that we like technically, fundamentally as well as in terms of derivatives. We have seen 14 percent open interest (OI) being added and with crude continuing to do badly despite OPEC raising its production cut to around nine months, we believe that crude will continue to drive this stock higher. I am buying 1,140 Call in Indigo at Rs 33, stop loss at Rs 27 and target around Rs 48."