Top stocks to buy in F&O segment: M&M, Shree Cements, Cholamandalam Investment by Jay Thakkar - Check targets

Indian markets rallied on Tuesday, with the Nifty 50 and Sensex rising more than 1.5%. IT stocks surged after HCL Technologies beat estimates, while the rupee strengthened following Reserve Bank of India (RBI) support measures. ICICI Securities analyst Jay Thakkar recommended futures trades in M&M, Shree Cement, and Cholamandalam Investment.