Buy Axis Bank with a target of Rs 1300 over the near term, says Kamlesh Kotak, Vice President - Research Asian Markets Securities Private Limited
Kotak told CNBC-TV18, "We add Axis Bank as a buy call. As the PSU banks are facing headwinds - there is a clear shift towards private sector banks and Axis being the leader is expected to outperform the peers. We see the bank to be heading towards the price target of Rs 1300 over the near term."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!
