I do believe that you could start trading with banking sectors because two of the stocks of banking industry. I believe that there might be a big upcoming session in banking space as well. Yes Bank is a private banking stock in the private sectors and is obviously very aggressive. Banking stocks have seen some kind of a run up in the recent past and the prospects for the banking sector have improved considerably. With the kind of money flows that have happened over last few days into the market - quite a bit of money has flown into the banking space as well. I do believe that this money is not going to get out of these banks in a hurry.
So if one has the capacity to hold on for 9-12 months despite the fact that we have seen a serious run up into these stocks, there is still a substantial growth opportunity.
So if one has the capacity to hold on for 9-12 months despite the fact that we have seen a serious run up into these stocks, there is still a substantial growth opportunity.
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