Hold IDFC, says Phani Sekhar

Hold IDFC, says Phani Sekhar of Angel Broking.

Sekhar told CNBC-TV18, "Fundamentally not much wrong with IDFC or with the space except that they are facing near term challenges especially acute in the power sector. But there we have been given to understand that their incremental loan sanctions and disbursements in the power sector have almost ground to a stand still and whatever is there remains what has been disbursed in the past and there again the performance is not too bad.