Buy SBI, Union Bk, Sintex Industries, positive on ICICI Bank, HDFC Bank. In the Bank Nifty, the private sector banks have majorly contributed and HDFC Bank looks very positive. Axis Bank and ICICI Bank still looks very positive from here on if it is a trading bet and Bank Nifty seems very promising.
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On the PSU banks, State Bank of India (SBI) seems to be very strong. Union Bank of India has come out with results, which was a little disappointing but then also it is not very disappointing and one can still look at Union Bank on the investment side. SBI remains the top pick in the largecap PSU banks
We can look at Sintex Industries , which has come out with a fantastic set of numbers yesterday. That also looks very positive and one can buy this as an investment idea.
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