Stay invested in IDFC, says Pankaj Jain

Pankaj Jain of Sunteck Wealthmax  told CNBC-TV18, "On a short-term basis IDFC is a very strong hold and accumulate for next two to three weeks. On a longer-term platform financial stocks are trading at very cheaper kind of valuations and IDFC is one of the good stocks.”

“As the economy turns around, IDFC could do exceedingly well. So, on a short-term basis as well as medium-term to long-term basis IDFC is a decent hold or accumulate,” he added.