Yogesh Radke, Head of Quantitative Research at Edelweiss Securities told CNBC-TV18, "We prefer Reliance Industries, State Bank of India (SBI) from public sector undertaking (PSU) space. I would go by the largecap names rather than the midcaps in the September series as volatility would be there and we do prefer Bank of Baroda (BoB) among PSU banks."At 11:56 hrs State Bank of India was quoting at Rs 249.70, up Rs 3.90, or 1.59 percent. It has touched an intraday high of Rs 252.20 and an intraday low of Rs 248.75.Reliance Industries was quoting at Rs 867.40, up Rs 13.95, or 1.63 percent. It has touched an intraday high of Rs 869.75 and an intraday low of Rs 857.65.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.
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