Exit IDFC Bank, says Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "The upside in both IDFC Bank and IDFC look very capped. I think beyond Rs 70-75 might not happen."

"The other thing is that even if it goes Rs 3 higher from here there is no sign of a long term trend starting. So, being invested in a stock which is not showing signs of a long term trend compared to a stock which would possibly be doing that is not a good idea. So, I would say exit around Rs 70-72 or maybe even at current levels," he added.