Hold IDFC, Axis Bank: Hemen Kapadia

Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "I think Axis Bank is great bet. I do not think there is a problem but there could be some downside left. We have had a brilliant move from Rs 160 to Rs 660. The correction is probably not yet over, there could be some turbulence read as some more downside, but it is a hold for the long-term.""For IDFC the outlook remains positive. October 1 is a date of the split. You get one share of IDFC and one share of IDFC Bank. So, that is also clear long-term hold. In fact both of these stocks are even adds on declines, I feel," he added.