DCB, HDFC Bank looks interesting: E Mathew

Technical Analyst, E Mathew is of the view that in private sector, DCB, HDFC Bank looks interesting.

E Mathew told CNBC-TV18, "I was really surprised at the way this stock was hammered. This stock certainly deserves -- in fact apart from DCB, the level of hammering with some of these stocks - I know a lot of people who are still watching the inflation figures may disagree on this point but some of them have been hammered so badly, DCB for example, your stop loss is very close by at around about Rs 48. This stock certainly has got the potential now to rally all the way to Rs 65 and of course in the private sector, apart from DCB, HDFC Bank is another one which looks very interesting."

Disclosure: It is safe to assume that analyst hold positions and have interest in the stocks and sectors discussed.