Buy DCB Bank, says Ambareesh Baliga

Independent Market Expert, Ambareesh Baliga told CNBC-TV18, "In the private sector space I have been recommending DCB for quite a while when it was about Rs 46-47 I had a target of about Rs 84, that I kept on revising. Now I have a target of about Rs 130-135 for DCB Bank. So this is a stock to be bought, even at the current levels."

"IndusInd Bank and DCB have been performing well for the past couple of quarters and one can still look at buying and holding on. But something like possibly ICICI Bank or Axis Bank, I don’t think at these levels you should be buying fresh, just hold on to your positions," he added.