Hold ICICI Bank, SBI: Hemen Kapadia

Hemen Kapadia of KR Choksey Securities told CNBC-TV18, "Coal India recently posted an all-time high. There is not too much of technical data I can look at, it has been a relatively new listing so not too much to go on but it has posted a fresh all-time high."

"ICICI Bank and State Bank of India (SBI) have corrected but from a longer-term point of view both are in long-term uptrends. ICICI Bank is just on the verge of exhausting a five month decline. Hold it with a stop loss of Rs 280 and even from a longer-term, SBI is also a hold," he said.