Prefer Kotak Mahindra Bank, Emami: Rajesh Agarwal

Rajesh Agarwal, Director-Research at Eastern Financiers told CNBC-TV18, "In the very short-term when inflation is on a downtick, crude is falling like anything, there are high hopes that there would be interest cut, and if not in this RBI policy then in the next RBI policy, it would be there. Therefore, we are very positive on banking side as such especially on the private sector banking side. Even on other performance parameter we find private sector banks outperforming public sector undertaking (PSU)."

"We would like to recommend Kotak Mahindra Bank or IndusInd Bank for a very short-term horizon in the banking side. In fast moving consumer goods (FMCG) side one can have a look at Emami which is doing very well. So, these three stocks would be recommended for a time horizon of six months where one can expect return of around 10-15 percent," he added.