Yes Bank and Canara Bank top pick in banking space, says Rahul Mohindar, viratechindia.com.
Mohindar told CNBC-TV18, “Yes Bank is definitely one, which I think the momentum would continue. To add to that, I think Canara Bank and Karnataka Bank – I would like to go with these three.”
He further added, “If I wanted to go a bit more aggressive on the smaller ones, maybe a Dena Bank because it has corrected very severely over the last six-eight months, no doubt, where it has a strong support zone, so I think that could be one stock which once it gets above Rs 92, we see a strong breakout.”
Canara Bank |
He further added, “If I wanted to go a bit more aggressive on the smaller ones, maybe a Dena Bank because it has corrected very severely over the last six-eight months, no doubt, where it has a strong support zone, so I think that could be one stock which once it gets above Rs 92, we see a strong breakout.”