Prefer SBI, OBC, Canara Bank: CK Narayan

CK Narayan of Growth Avenues told CNBC-TV18, "ICICI Bank is the leader but it is not the leader from a traders point of view. Traders seem to prefer Axis Bank or YES Bank to ICICI Bank. So, I think the mojo is right now more with the public sector banks. So, I would put my bets more with State Bank of India, Oriental Bank of Commerce (OBC) or even Canara Bank for that matter. I would play those as preferred trading bets. I would keep things like Axis or may be IndusInd Bank and Kotak Mahindra Bank as a preferred bets in the private sector banks."

State Bank of India ended at Rs 307.05, down Rs 0.60, or 0.20 percent on the BSE.

The share touched its 52-week high Rs 327.10 and 52-week low Rs 145.60 on 01 December, 2014 and 14 February, 2014, respectively.