Jaipuria bullish on banking space

Jyotivardhan Jaipuria, BoA-ML is bullish on the banking space.

Jaipuria told CNBC-TV18, "It has been a mixed bag in the infrastructure because it is very-very varied sector. What we have been really being playing is like though I said a lot of these sectors are going to see downgrade we are actually quite bullish on the banking space. Even though there is a risk of downgrade because somewhere a lot of the stock prices are already building in the downgrades even before the analyst are doing the downgrades."

He further added, "Again on infrastructure there are some things that we like in infrastructure space