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Positive on Kotak Mahindra Bank, HDFC and Sun Pharmaceutical, says SP Tulsian

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By CNBC-TV18 Aug 30, 2018 3:26:25 PM IST (Published)

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SP Tulsian discusses his analysis on the fundamental side of the market as well as specific stocks and sectors with Anuj Singhal and Surabhi Upadhyay.

On banking stocks, SP Tulsian said he is attributing two-three stocks such as Kotak Mahindra Bank, HDFC and IndusInd Bank. "All three have been the victims of the long over brought positions which are seeing getting liquidated," Tulsian said.
Tulsian is keeping an extremely positive view on Kotak Mahindra Bank and HDFC going forward for the next series which will start on Friday.
We will again be expecting a recovery of maybe about 4-5 percent in Kotak Bank and HDFC Limited, he said, adding that  If it happens, 4-5 percent rise is seen quite healthy.
Tulsian believes Sun Pharma is seen quite good and has a positive call on it. “Post Q1 numbers we have included the Sun Pharmaceutical in our pharma buying list," he said.
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