ICICI Bank a safe bet: VK Sharma

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ICICI Bank a safe bet: VK Sharma

ICICI Bank is a safe bet, says VK Sharma of Anagram Stock Broking.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by VK Sharma See what other Experts & Brokerages are saying about ICICI Bank See messages about ICICI Bank ICICI Bank BSE | NSE 09/02/12 Are Mutual Funds betting on ICICI Bank?

ICICI Bank  is a safe bet, says VK Sharma of Anagram Stock Broking.

Sharma told CNBC-TV18, "Most of the players that did well were largely PSU banks but considering the fact that ICICI Bank had moved up only one percent and also that 14% of open interested was added, I think this is relatively a safer bet. But one needs to take a call on the entire sector and one can buy this call of around Rs 900 at around Rs 12 which is also slightly lower than what it had closed on Friday, so since at this amount the risk is not very high, I think this can be experimented with."