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Hold ICICI Bank, says Sharmila Joshi

Sharmila Joshi of Sharmilajoshi.com is of the view that for a long-term investor it is prudent to stay put on ICICI Bank.

June 06, 2017 / 15:57 IST

Sharmila Joshi of Sharmilajoshi.com told CNBC-TV18, "For a long-term investor I think it is prudent to stay put on ICICI Bank because within the private banking space perhaps ICICI Bank was the last to move. So, very recently we have seen any kind of gains coming in. In fact it is just post their numbers and post sort of some confidence in the management commentary that we have heard, we have seen this uptick in the stock price."

"So, I think completely stay put because within the banking space, private banking is the space that I would prefer. ICICI Bank may not be my favourite stock within the space, I may prefer IndusInd Bank or Yes Bank," she said.

first published: Jun 6, 2017 03:08 pm

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