Buy Balkrishna Industries; like South Indian Bank: Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert told CNBC-TV18, "On the midcap banks we like the midcap private sector banks and quite a few of them. We like South Indian Bank and Federal Bank. We also like City Union Bank, all these banks are doing things correctly. As a corporate book they have been extremely cautious, on the retail side they have been expanding their business. So, lot of good things are happening. They are growing quietly under the radar and I think it is good time to buy these stocks and hold on for one year plus."

"Balkrishna Industries has been an outstanding story. We have been recommending it for a very long time. Even now we have a target of about Rs 1700 on Balkrishna Industries. It is again a great buy even at current level. I wish there were more listed companies doing similar things. There are couple of other players in the similar space but they are not listed," he said.