Go long on YES Bank, Axis Bank, HDFC Bank: Baliga

Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, "Over the next few days since you will have this momentum for a while, the two sectors which could perform are metals and banks, which have been beaten down for quite a while. Especially the private sector banks like YES Bank can move up, Axis Bank, HDFC Bank; these are the two-three banks where one can go long from a short-term perspective."

At 09:56 hrs Yes Bank was quoting at Rs 367.50, up Rs 51.85, or 16.43 percent.
The share touched its 52-week high Rs 547.15 and 52-week low Rs 216.10 on 20 May, 2013 and 28 August, 2013, respectively.
Yes Bank's trailing 12-month (TTM) EPS was at Rs 36.27 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 10.15. The latest book value of the company is Rs 161.20 per share. At current value, the price-to-book value of the company was 2.28. The dividend yield of the company was 1.63 percent.