IDFC has target of Rs 127: Rajesh Jain

IDFC has target of Rs 127, says Rajesh Jain, Market Strategist.

Jain told CNBC-TV18, "IDFC is my combined play on the financial services, banking as well as infrastructure sector for an intraday target of Rs 127. The company has excellent business matrix and I expect a revival in the institutional buying interest in the counter.