Buy BPCL, HPCL, TVS Motor, India Cements: VK Sharma

VK Sharma, Head Private Broking & Wealth Management at HDFC Securities told CNBC-TV18, "Arvind has been one of the stocks that we have picked up last year and it is at an all time high where all the promoters are doing well, the next generation is in place both the sons of Sanjay Lalbhai are doing fantastically well. So that is a company which will be re-rated on a lot of fronts. Our target will be met today.""In the index stocks, I am buying HPCL and BPCL which will do well in a regime when crude is headed lower," he said."I am buying TVS Motor slightly lower than the price it had closed yesterday. We have seen massive positions being built, 90 percent in the current series, the open interest (OI) is up. The stock is up already 18 percent. I am buying the 410 call which closed at Rs 5 yesterday. I am buying it at Rs 4, stop loss at Rs 2 and a target of around Rs 8 which essentially means doubling of the premium in the next two days.""I am buying India Cements 160 Call at Rs 1.5, stop loss at Re 0.80 with a target of around Rs 3. This is the stock in which the price went up only 1 percent yesterday but overall in the series, it is up 19 percent in terms of OI and 12 percent in terms of price. So there is one stock, which I will continue to hold with a stop loss for the next two sessions."