Buy HDFC Bank, State Bank of India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "From a long-term investment point of view, you could buy any of the four or five banks and you would come out as a winner. However, we could still select and the selections are HDFC Bank and State Bank of India (SBI). They are the easiest and the safest in this current market environment. You buy them, do an SIP in them and wait patiently for the markets to bottom out. Then ICICI Bank, Axis Bank, and Yes Bank come into the play, not now."HDFC Bank closed at Rs 1,059.25, down Rs 2.55, or 0.24 percent. It has touched an intraday high of Rs 1,061.75 and an intraday low of Rs 1,045.55.