Switch to SBI, PNB, BoB from Central Bank of India: Sukhani

Written By Unknown on Senin, 25 Maret 2013 | 16.02

Sudarshan Sukhani of s2analytics.com advised switching from Central Bank of India into State Bank of India or Bank of Baroda or Punjab National Bank (PNB).

Sukhani told CNBC-TV18, "I think it is much better for him to exit Central Bank of India and buy slightly better public sector bank (PSU) like State Bank of India or Bank of Baroda. All banks are in trouble and chances are all of them will go down further, but whenever the next rally starts whether it starts this year or next year, the better banks will have the best reach on the upside."

"So, I would advise him to switch from Central Bank of India into State Bank of India or Bank of Baroda or Punjab National Bank (PNB), anyone of the three," Sukhani added.



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