HomeNewsBusinessStocksPNB can test Rs 910-915: Devangshu Dutta

PNB can test Rs 910-915: Devangshu Dutta

PNB can test Rs 910-915, says Devangshu Dutta, Consulting Editor, Outlook.

January 31, 2012 / 14:48 IST
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PNB can test Rs 910-915, says Devangshu Dutta, Consulting Editor, Outlook.


Dutta told CNBC-TV18, "Punjab National Bank (PNB) has a downside of about another 10 to 15 bucks maybe Rs 910-915. The Bank Nifty in general looks pretty solid today. I would keep a stoploss at about 9700 if you are going long on the Bank Nifty."
He further added, "IDBI Bank looks fairly decent. Since the bank sector is doing well Yes Bank tends to outperform the sector as a whole. So, maybe you could take a punt on Yes Bank."
"In terms of other banks, maybe IndusInd saw a sharp recovery, so that might be worth looking at, but yes at the moment ICICI
first published: Jan 31, 2012 02:38 pm

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