Bangalore: CNBC-TV18 has recommended the following stocks for 2012.

1. Bank of Baroda

V.K. Sharma, of HDFC Securities, is bullish on Bank of Baroda futures at around 852.

Bank of Baroda provides of banking services. The company operates in four segments - retail banking, corporate/wholesale banking, treasury and other banking operations. The company’s e-business department provides a range of Alternate Delivery Channels (ADCs), such as - Internet Banking (Baroda Connect), Automated Teller Machines (ATMs), Real-Time Gross Settlement/ National Electronic Funds Transfer (RTGS/NEFT), phone banking and Internet Payment Gateway (IPG).

As told by Sharma to CNBC-TV18, Bank of Baroda for obvious reasons apart from the fact that it is getting to be a Nifty player now, it is also one of those stronger banks and had shown its ability to manage good times well which the assets which are not bad gives you enough indication. My strategy here is to buy the futures here at around 852. Options are not very liquid here. Keep a stop loss of 844 and 870. I am afraid this is going to be a crowded trade here in Bank of Baroda, so some of those investors who want to probably wait for some time and enter I think it will give you a good opportunity.

He further added, "In terms of IFCI, options are liquid here and buying the 47 call at around 2.85 with a tight stop loss of 2.4 allows you to trade on the budget day because on the budget day there are chances that you could hear or even if you don't hear anything on that the stock does go up. So it is a call which can last one more day apart from what you hear from the Reserve Bank.

Currently, Bank of Baroda is being traded at 841.05 in the stock market. Its 52 week high has been 1,006.65 and 52 week low was 631.00. It is currently being traded at an average volume of 360,536.