In an interview to CNBC-TV18, Ambareesh Baliga an independent market expert shared his reading and outlook on specific stocks and sectors.
Speaking on banks he said, "Yes Bank clearly is among the better of the lot if you compare Axis Bank and ICICI Bank. If serious investor is looking for longer term investment, I think one should still stay with stocks like HDFC Bank, Kotak Mahindra Bank, these are the ones to be stayed with."
Speaking on Wipro, he said, "When the overall sector has been a laggard and bouncing back now, the rupee has been moving, I think it is better to be with the leaders who have at least shown some performance than to remain with a laggard like Wipro and it has been a laggard for a very long time. Also you really don't expect the performance to improve at least over the next couple of quarters. So, I think it is best to remain with TCS and Infosys, if you are talking about the largecaps."Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.