Profit

Prefer defensives, private sector bank stocks: Angel Broking

PUBLISHED ON: September 7, 2012 | Duration: 20 min, 44 sec

   
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Mayuresh Joshi, vice president -institutional equities at Angel Broking says stocks in the defensive space are safe bets in this market and recommends stocks like Cipla, which he feels can see a good run up in the coming quarter. He also advises investors to prefer private sector banks as opposed to PSBs like SBI on asset quality concerns.
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