Gujral told CNBC-TV18, "Bank Of Baroda can correct down to Rs 485-490 but overall banks look positive and any such external event would just be a correction where people can enter back into banks. We would expect over a period of time we would see levels of Rs 560 back again, so this is a good opportunity to buy this stock around Rs 485-490."
Disclosure: I have no personal holding in the above stock.