HDFC Bank, ICICI Bank, SBI top picks: R Sreesankar

R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher told CNBC-TV18, "We believe that private sector banks offers better option, the financial services sector, especially the banking sector in terms of the visibility. Our top picks in the segment still continues to be HDFC Bank, ICICI Bank and IndusInd Bank and then among the public sector banks we have State Bank of India, as a part of our top pick." "We continue to like ICICI Bank and we are optimistic on the stock. It is probably at a yearly low. But we continue to like the stock because we believe that the negatives are already priced in," he said.