HomeNewsBusinessStocksBuy Axis Bank, ICICI Bank, DCB: Ambareesh Baliga

Buy Axis Bank, ICICI Bank, DCB: Ambareesh Baliga

Ambareesh Baliga of Edelweiss Securities recommends buying Axis Bank, ICICI Bank and HDFC Bank within the largecap private sector banks.

November 11, 2013 / 16:42 IST
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Ambareesh Baliga of Edelweiss Securities told CNBC-TV18, "Among the larger private sector banks one may buy Axis Bank, ICICI Bank and HDFC Bank and among the smaller ones, it is a Development Credit Bank (DCB) and from a takeover point of view City Union Bank and Karnataka Bank."

On November 11, 2013 ICICI Bank closed at Rs 1,037.65, down Rs 12.10, or 1.15 percent. The share touched its 52-week high Rs 1,236.90 and 52-week low Rs 758.80 on 28 May, 2013 and 28 August, 2013, respectively. Also Read: Focus on retail; borrowers will pay home, car EMIs: Kochhar
first published: Nov 11, 2013 04:42 pm

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