HomeNewsBusinessStocksBuy ING Vysya Bank: Sudarshan Sukhani

Buy ING Vysya Bank: Sudarshan Sukhani

According to Sudarshan Sukhani of s2analytics.com, one may buy ING Vysya Bank at current levels.

October 23, 2013 / 11:06 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would buy ING Vysya Bank. It is already making lifetime new highs and then there was a mild correction. That correction is over. I would sense that it is moving again but this is not a day trade."

"Today, the day trades are only in the blue-chips. But for a positional trader, ING Vysya Bank at current levels is an attractive buying opportunity. Wait for a year, one will make money," he said. At 11:01 hrs ING Vysya Bank was quoting at Rs 579.55, down Rs 6.05, or 1.03 percent. It has touched an intraday high of Rs 595 and an intraday low of Rs 577.55. The share touched its 52-week high Rs 667 and 52-week low Rs 432 on 05 June, 2013 and 28 August, 2013, respectively. Currently, it is trading 13.11 percent below its 52-week high and 34.16 percent above its 52-week low. Market capitalisation stands at Rs 10,877.47 crore. Disclosure: No personal interest in the stock discussed.
first published: Oct 23, 2013 11:05 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!