Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “My advice is that investor should exit Jammu and Kashmir Bank. The investor bought it at a very high price, almost current levels. So the chances of appreciation from here could be intercepted with lot of declines in between. Therefore, my suggestion is to wait patiently, buy it on dip. At this point exit.
”In banking sector, it is wise to shift to ICICI Bank. So, if investor wants to stay invested then ICICI Bank is a better opportunity,” Sukhani added.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
