Sukhani downbeats on banking space

Published on Monday, September 1st, 2008 at 4:57 AM
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Author: admin (5507 Articles)

Technical Analyst, Sudarshan Sukhani is downbeats on banking space.

“Banking stocks have seen big rallies. Banks were declining for the last one month while the Nifty has been in a range, the bank index has rallied a lot. Friday was probably the last of the rally. I am downbeat on banks as of now including the bank index, including State Bank of India and PNB. We are going to see fair corrections in them.”

Source : MoneyControl

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