Hold HDFC Bank: Radhika Gupta

Hold HDFC Bank for long term, says Radhika Gupta, Director, Forefront Capital Management.

Gupta told CNBC-TV18, "We are moderately bullish on private sector banks particularly after the valuations have corrected and always believe that HDFC Bank is the strongest player in that space. So if one has any kind of long-term horizon one should hold on to HDFC Bank." She further added, "As far as HDFC is concerned, very neutral view on the housing finance company, fairly valued and this sector has been a quiet sector, so very neutral view on it."