SP Tulsian, sptulsian.com is cautious on banking sector.
Tulsian told CNBC-TV18, "Overall I am keeping my caution on the banking sector and if you see the Bank Nifty it's finding it difficult to breach 10,000 mark and infact banking sector is the only sector where it is seen that probably the profit booking can come and that will come very swiftly and I won't be surprised to see Bank Nifty falling to 9500 level and that could be the trigger for weakness in the February series. So taking that into account, I will definitely be keeping caution on the banking sector. But even in the public sector space maybe Canara Bank looks good at the current level but other stocks I won't be playing on."
