Hold Federal Bank, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "In Federal Bank the big cut coming in today post the numbers and there was that -- what the management clarified was an education loan that may go bad which sort of affected the numbers. So I think in light of that and if you look at the overall quality of earnings of Federal Bank, I think those were fairly strong. So looking at that I think one can continue to hold."

The share touched its 52-week high Rs 127.75 and 52-week low Rs 72.60 on 17 October, 2017 and 16 January, 2017, respectively.

Currently, it is trading 18.16 percent below its 52-week high and 44.01 percent above its 52-week low