Rahul Mohindar, Director of viratechindia.com told CNBC-TV18, "When one look at the Bank Nifty it looks like clearly today's move has helped. We have seen clear breakouts on several stocks, some broken out earlier, and some today. State Bank of India (SBI) has definitely been on a buy list. It is a stock where one can look at another Rs 200-240 coming onto the stock. So, probably from here there is some good headroom. If you are looking for the next five to ten percent I think banking is safe play and if I want to add to that Nifty list of banking stocks, probably Kotak Mahindra Bank would be another good pick, Rs 745-750, potential target on that."
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Kotak Mahindra Bank can test Rs 745-750: Mohindar
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Kotak Mahindra Bank can test Rs 745-750: Mohindar
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