Bullish on ICICI Bank, HDFC Bank: Nomura

PUBLISHED ON: November 27, 2010 | Duration: 23 min, 04 sec

   
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Prabhat Awasthi, MD and head of research at Nomura Financial Advisories, says banking sector performed extremely well because of lower inflation and robust earnings. But with liquidity environment tightening, he cautioned that banks may not outperform next year. He liked ICICI Bank and HDFC Bank.
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