Hold IndusInd Bank, says Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "For the last 17-18 odd quarters, IndusInd Bank is one midcap sized bank along with Yes Bank and Kotak Mahindra Bank who have delivered fantastic set of numbers and they have actually raised the bar for the performance going forward for themselves. And given the fact that you have policies which are going to be positive in terms of recovery process for the banks both private as well as public, our view is that there is only going to be better and better performance."

"So take advantage of the correction today and last week that you have seen and if you have investable amount, you can continue to hold what you have and even add or make fresh investments," he added.