Thursday, January 8, 2015

Buy ICICI Bank, Kotak Bank: Sharmila Joshi


Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "As far as  ICICI Bank   is concerned, 
one should buy it. Either buy it or  Kotak Mahindra Bank . It is an ideal time to get into a private bank because a lot of things still will play out in the next couple of years once the interest rate cycle turns for banking as a sector."

 " Suzlon Energy  has been in the news because they want to sell off some of their holdings and bring down their debt levels but overall if you track the way the company has been performing over the last couple of years, I would not put my money in Suzlon Energy," he said. 

" Elder Pharma is a decent stock within the pharmaceutical space and pharmaceutical space again is a space that I would be positive on but very honestly may be Elder Pharma would not be the stock that I would buy within the midcap, I would look at a stock may be like Biocon  at current level or among the larger players the stocks like Lupin  or Sun Pharma ."

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