HomeNewsBusinessStocksPrefer Bank of Baroda, IndusInd Bank: Meghana Malkan

Prefer Bank of Baroda, IndusInd Bank: Meghana Malkan

Meghana V Malkan of malkansview.com is of the view that one may prefer Bank of Baroda and IndusInd Bank.

September 07, 2015 / 15:10 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Meghana V Malkan of malkansview.com told CNBC-TV18, "The longer-term charts have gone weak in ICICI Bank and Aban Offshore, so I would not recommend buying either ICICI Bank or Aban Offshore. I would rather recommend, if it is a long-term investment, one could either go for Bank of Baroda or for IndusInd Bank because the longer-term from timeframe charts, in terms of both momentum and price, are much better placed in the earlier two stocks. So, one could either select Bank of Baroda or IndusInd Bank."At 15:02 hrs Bank Of Baroda was quoting at Rs 170.70, down Rs 3.50, or 2.01 percent on the BSE.

first published: Sep 7, 2015 03:08 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!