Buy BoB 150 Call, Dr Reddy's 3050 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "Bank of Baroda (BoB) is one of those PSUs which in the current series has added positions and also to the extent this is better placed among the large PSU banks. I am buying the 150 Call at Rs 4.3 with stop loss at Rs 3 and a target of around Rs 7.""In Dr Reddy's Laboratories, I am buying the 3050 Call at Rs 95, stop loss at Rs 75 and a target of around Rs 130," he said."In IT stocks, one would like to go with Infosys and can also look at Wipro as well where a buyback will be announced. So, I think although the promoters have a holding of around 73.5 percent and any buyback can raise their equity to 75 percent. What is more important is when the equity reduces the earning per share (EPS) will go up marginally. That will depend upon to what extent they buy. It is definitely positive and along with Infosys. Wipro is also going to be re-rated going forward but within the pack there are no issues, I think Infosys will definitely present better results and also guide higher. Its performance will be better than even the guidance."