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Axis Bank, HDFC Bank good picks: Bharathan
Seshadri Bharathan, Director Stock Broking of Dawnay Day AV Financial Services is of the view that Axis Bank and HDFC Bank are good picks for investors to hold on in their portfolio.
Seshadri Bharathan, Director Stock Broking of Dawnay Day AV Financial Services is of the view that Axis Bank and HDFC Bank are good picks for investors to hold on in their portfolio.
Bharathan told CNBC-TV18, "If you look at Axis Bank and HDFC Bank yesterday, when most stocks were hitting 52 week lows, these stock were about 15% above their July lows, which means that these stocks have enough strength and can withstand these kind of selling pressures and in these kind of markets if these stocks are exhibiting these kinds of strengths then I think these are good picks for any investor to hold on in their portfolio."
