Ramesh Damani, member, BSE said the undertone of the market was quite strong, and there was every reason to be optimistic.
In an interview to CNBC-TV18, Hemindra Hazari, HOR, Nirmal Bang Securities spoke about the bank stocks and his outlook for the sector.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one can book profits in PSU banks on any upside.
Arindam Ghosh, MD & CEO at Blackridge Capital Advisors is of the view that one should stay invested in private sector banks. "We need to maintain weight on the banking sector largely because the performance of the private sector banks has been quite strong," Ghosh said.
Shardul Kulkarni of Angel Broking advises tradres to short State Bank of India (SBI) and ICICI Bank, as charts of the stocks over the past three-four trading sessions are giving bearish signal.
Exit Tech Mahindra, says Ambareesh Baliga, Market Analyst.