Expect 6-8% gain in Bank of India SBI: Tulsian

Written By Unknown on Sabtu, 29 Juni 2013 | 16.03

Jun 29, 2013, 02.13 PM IST

SP Tulsian of sptulsian.com feels Bank of India and State Bank of India may rally 6-8 percent next week.

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Expect 6-8% gain in Bank of India & SBI: Tulsian

SP Tulsian of sptulsian.com feels Bank of India and State Bank of India may rally 6-8 percent next week.

Like this story, share it with millions of investors on M3

Expect 6-8% gain in Bank of India & SBI: Tulsian

SP Tulsian of sptulsian.com feels Bank of India and State Bank of India may rally 6-8 percent next week.

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SP Tulsian of sptulsian.com told CNBC-TV18, "The kind of correction which we have seen, whether one talks about the large size public sector undertaking (PSU) bank or midsize PSU bank, and that is the reason I have chosen Bank of India and State Bank of India . If one really sees Bank of India , it has corrected from a level of Rs 330 to Rs 230."

"Similar has been the case for State Bank of India from Rs 2200-Rs 2250 to a level of maybe Rs 1950. I think both current levels are ideal and if one keeps a view of one week, one can look for a gain of six to eight percent in both these PSU banks," Tulsian said.


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