Buy ICICI Bank, IndusInd Bank: Vayalar

Manoj Murlidharan Vayalar, IIFL is of the view that one can buy ICICI Bank with a target of Rs 1084 and IndusInd Bank with a target of Rs 423.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money IThe Winning Leap SME Special
Moneycontrol

Home » News » Stocks Views

Mar 22, 2013, 01.22 PM | Source: CNBC-TV18

Buy ICICI Bank, IndusInd Bank: Vayalar

Manoj Murlidharan Vayalar, IIFL is of the view that one can buy ICICI Bank with a target of Rs 1084 and IndusInd Bank with a target of Rs 423.

Like this story, share it with millions of investors on M3

Buy ICICI Bank, IndusInd Bank: Vayalar

Manoj Murlidharan Vayalar, IIFL is of the view that one can buy ICICI Bank with a target of Rs 1084 and IndusInd Bank with a target of Rs 423.

Post Your Comments

Share Cancel

Manoj Murlidharan (more)

Head- Derivatives, Religare Securities | Capital Expertise: F&O

Manoj Murlidharan Vayalar, IIFL is of the view that one can buy ICICI Bank with a target of Rs 1084 and IndusInd Bank with a target of Rs 423.

Vayalar told CNBC-TV18, “Not only in the Nifty but we are looking at the sector as a whole because every sector has a percentage weightage to the market open interest so, we feel metals, banks and infra these are the three which have been more vulnerable and money can flow into these pockets first and it can get into a steady account in all the sectors.”

He further added, “Specially banks, I feel the best pick is ICICI Bank and IndusInd Bank would be the second pick which we feel. If it is a trading call, IndusInd Bank somewhere close to Rs 406 keeping a stop loss at Rs 396. We are expecting Rs 423 as on expiry. ICICI Bank, I feel it would be at a level, it can be at a level rather Rs 1084 level, keeping a stop loss at Rs 991 and what we are expecting.”

Buy, Hold, Sell ? Hear it first on M3
Buy ICICI Bank, IndusInd Bank: Vayalar

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login