Hold IDFC, says Hemen Kapadia

Hemen Kapadia of KRChoksey Securities told CNBC-TV18, "IDFC would be a hold, it is in a downtrend. We are seeing lower tops, lower bottoms ever since the company got split but nothing much happening and we are sinking everyday."He further added, "I would have been more positive on IDFC Bank but once again there isn’t too much of data to take that call. So as of now, it would be a hold for me."