Moneycontrol PRO

business

Mkt may fall another 5-6%; like telcos, FMCG; Maruti: Elara

Harendra Kumar of Elara Capital says Bankex at the moment is looking rather vulnerable and ICICI Bank may see further downside. According to him, the stress in ICICI Bank assets is higher than expected. He prefers Kotak and Axis Bank to ICICI Bank.

first published: Jun 8, 2015 09:18 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347