Vayalar positive on Jindal Steel, Hindalco, IndusInd Bank

Manoj Murlidharan Vayalar, IIFL is positive on Jindal Steel, Hindalco, IndusInd Bank, Axis Bank.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
Real-time Stock quotes, portfolio, LIVE TV and more.
GeStepAhead SME Special
moneycontrol.com

Home » News » Stocks Views

Nov 19, 2012, 06.57 PM | Source: CNBC-TV18

Vayalar positive on Jindal Steel, Hindalco, IndusInd Bank

Manoj Murlidharan Vayalar, IIFL is positive on Jindal Steel, Hindalco, IndusInd Bank, Axis Bank.

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

Vayalar positive on Jindal Steel, Hindalco, IndusInd Bank

Manoj Murlidharan Vayalar, IIFL is positive on Jindal Steel, Hindalco, IndusInd Bank, Axis Bank.

Post Your Comments

Share Cancel

Manoj Murlidharan (more)

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

Manoj Murlidharan Vayalar, IIFL is positive on Jindal Steel , Hindalco , IndusInd Bank , Axis Bank.

Vayalar told CNBC-TV18, “I would not suggest shorting banks because there is long unwinding which has happened in the Bank Nifty as well, more than 1.8-2 lakh. I believe that metals would be one sector along with some private banks that can out perform these 80 odd points. We would be buying metals and the top pick would be Jindal Steel (JSPL) which is close to around Rs 370 odd and keep a stop loss at Rs 364 and we are expecting Rs 402 on that. Second pick would be Hindalco as well.”

He further added, “Regards to banks, I am sticking to banks like IndusInd Bank, which we are positive on and it has more or less come to that level and other would be Axis Bank .”

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Vayalar positive on Jindal Steel, Hindalco, IndusInd Bank

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