Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "One can try to buy into Yes Bank, IndusInd Bank etc. I don’t think Vijaya Bank is going anywhere, it is still at its 200-day moving average, even from the re-cap I don’t think it really went up a whole lot. So, get into a better bank because all banks are kind of correcting."
IndusInd Bank ended at Rs 1,650, down Rs 22.10, or 1.32 percent.
The share touched its 52-week high Rs 1,818 and 52-week low Rs 1,045.20 on 12 September, 2017 and 23 December, 2016, respectively.
Currently, it is trading 9.24 percent below its 52-week high and 57.86 percent above its 52-week low.
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