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SP Tulsian extremely positive on NBFCs, HFCs and private sector banks

Updated : November 01, 2018 06:35:50 IST

SP Tulsian of sptulsian.com on Thursday said he is extremely positive on non-banking finance companies (NBFC), housing finance companies (HFC) and private sector banks.

He said, "I am expecting that once the weekly option expiry happens today, it will be the day of HDFC Bank and Kotak Mahindra Bank as these stocks will move up."

Tulsian said Escorts is a good buy, "The numbers are extremely good. I do not think there was any kind of problem with the agriculture segments, where the YoY EBIT (Earnings before interest and taxes) has increased by about Rs 20 crore."

"The railway segment has contributed quite well. The share has risen in the last couple of hours, but still I see a lot of potential in that," 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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