NIFTY 50

SP Tulsian positive on Bank of India and Oriental Bank of Commerce

Updated : December 27, 2018 03:48 PM IST

In an interview to CNBC-TV18, SP Tulsian shared his views on the fundamentals of the market. He also spoke about specific stocks and sectors.

Tulsian said they have a positive call on banks under prompt corrective action (PCA), especially Bank of India and Oriental Bank of Commerce.

"I agree that maybe one can add the name of Allahabad Bank, but generally, in case of the smaller banks, we have not seen the prices sustaining. So it is better to concentrate on the larger banks like Bank of India and Oriental Bank of Commerce,” Tulsian said.

OnTata Global Beverages, Tulsian said, “We have been keeping a positive view on the consumption theme largely because of the rural consumption is seen moving up. However, we have never liked Tata Global Beverages.”

“We would prefer stocks like Britannia, Dabur, or Hindustan Unilever after having acquired GSK Consumer,” 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.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV