VK Sharma of HDFC Securities told CNBC-TV18, "In LIC Housing Finance, I am suggesting buying the 490 Call at around Rs 21. I am buying at current rate, stop loss at Rs 17 and hope to sell it around Rs 30 – that is even during the Budget if you get this price then without waiting for the outcome of the Budget, it will be good to book profits."
"There are many companies in the defence and housing sector which are knocking on the doors of the F&O segment and they could have been allowed in – Bharat Electronics in defence and Dewan Housing Finance Corporation would have made first entry but it is a matter of time," he added.
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