According to Sudarshan Sukhani of s2analytics.com, one should exit Dhanlaxmi Bank. He advised buying ICICI Bank or SBI.
Sukhani told CNBC-TV18, “The charts of Dhanlaxmi Bank are not attractive at all. I have been explaining that banks are going through a correction and if at all we have to stay in banks we must be with the best banks. So the names are, one can enter ICICI Bank or State Bank of India or a mix of both of them. Get out of Dhanlaxmi Bank. There is not need to wait.”
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!