Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IndusInd Bank is a very attractive buying opportunity for sawing traders otherwise also. HDFC Bank is something that to me gives a sense that it is not going to have strong momentum as compared to other private sector banks - Yes Bank and IndusInd Bank. So, it is a second choice."
"Tata Steel is the only stock that comes in my radar and that is a buying opportunity even without the news."
At 09:56 hrs IndusInd Bank was quoting at Rs 1,197.50, up Rs 35.65, or 3.07 percent. It has touched an intraday high of Rs 1,202.15 and an intraday low of Rs 1,186.05.