Buy HDFC Bank on correction: Krishna Kumar Karwa

Krishna Kumar Karwa, MD of Emkay Global Financial Services told CNBC-TV18, "From a conservative point of view you remain positive on the IT stocks, the big four and look to add if there is any significant correction from these levels if any."

"We are positive on Hero Motocorp, so that is one stock that we continue to like at the current prices. Amongst the banks we believe that HDFC Bank numbers have been the best amongst the private sector banks and if there is any deep correction over there then that is the bank that you should be buying," he added.