Avoid Bank of Baroda, says Rahul Mohindar

Rahul Mohindar, Director of viratechindia.com told CNBC-TV18, "It is hard to call Bank of Baroda (BOB) at this point. But my own sense is within the banking space this would not be in my top five or ten. So, I would really avoid, kind of wait for some more sense from post tomorrow’s price movement and announcements. But on the whole, no, I wouldn’t really look at buying it immediately at these levels."

The share closed at Rs 699.15, up Rs 7.05, or 1.02 percent. It touched an intraday high of Rs 708.90 and an intraday low of Rs 681.90. There were pending buy orders of 329 shares, with no sellers available. BOB touched its 52-week high Rs 899.65 and 52-week low Rs 606.25 on 03 January, 2013 and 06 September, 2012, respectively. Market capitalisation stands at Rs 29,540.50 crore.