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Aug 09, 2012, 11.59 AM IST
Atul Badkar of Edelweiss Securities is bullish on the private banking stocks.
Atul Badkar of Edelweiss Securities is bullish on the private banking stocks.
Badkar told CNBC-TV18, "Banks had moved but offlate we have seen that the move has been muted. We are more positive and bullish on the private sector within the entire banking space. I think ICICI Bank and Axis Bank are the best places to be in; any move beyond 5,400 then ICICI Bank and Axis Bank can give 5% upside from hereon."
He further added, "I will be cautious on State Bank of India (SBI). So if at all one want to take a third pick in banking portfolio then maybe SBI but be selectively slow about taking that."
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