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Corporate sector banks will give better returns from one year perspective, says Anand Tandon

Updated : October 30, 2018 17:49:10 IST

Market expert, Anand Tandon, on Tuesday said corporate sector banks will gave better returns from a one year perspective.

In an interview to CNBC-TV18, Tandon said investors are likely to get better returns at least over the next six months from State Bank of India, ICICI Bank, Axis Bank etc. but Kotak Mahindra Bank and HDFC Bank are excellent franchises.

Tandon said he would restrict himself largely to the frontline companies, but Tech Mahindra in anticipation of good results is doing quite well, "In midcap IT, some stocks have shown reasonably good results."

"Nucleus Software came out with numbers that were fairly interesting. So, some of the product based companies are not doing too badly. We have couple of others also, which have shown good numbers," he added.

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.
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