Sudarshan Sukhani of s2analytics.com is of the view that one can buy Canara Bank, Bank of Baroda and UCO Bank.
Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "PSU banks are giving very clear signs of significant rally in the offing. The charts are certainly beneficial. So, there are three banks to buy today - Canara Bank, Bank of Baroda and UCO Bank. You could actually close your eyes and buy any."
"Indiabulls Housing Finance is the only stock among the non-banking finance companies (NBFC) which is still weak because it was weak even before this decline started. So, if the markets remain choppy, there is a short-selling opportunity in it and it is an exception in the NBFC space. Otherwise I would not touch NBFC either ways," he said.
"Adani Ports where a correction has started is probably likely to continue."The Great Diwali Discount!
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First Published on Nov 17, 2016 10:02 am