Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a general philosophy for banks as of now. Most banks are selling ideas. We just take the exceptions - HDFC Bank, UCO Bank and Development Credit Bank (DCB). These are exceptional stocks where some buying is possible. One is really buying at the dips, but it could work out. Otherwise in general whether it is PSUs or private banks the banks are looking ideal candidates for short selling."
Also read: Extent of rupee fall not expected; strain to continue: DBS
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