Buy IndusInd Bank 920 Call, BoB 185 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "The government may even be considering to hike foreign institutional investors (FII) limits to the extent of 100 percent so while this may take time to come out but the fact that these two are well poised to take even short-term advantage. So, I am suggesting buying the 500 Call in Axis Bank at around Rs 13, stoploss at Rs 10 and a target around Rs 20.""In case of IndusInd Bank, another private sector bank, I am suggesting buying the 920 Call at around Rs 11 stoploss at Rs 7 and a target of around Rs 20 here as well.""Bank of Baroda (BoB) is a different kettle of fish; although the stock didn’t go up as much Wednesday has other banks did, so to that extent I am suggesting buying the 185 Call at around Rs 5.5, stoploss at Rs 4 and a target of Rs 9 also in the current settlement," he added.