Friday, August 13, 2010

Breakout seen in Indian Bank

Today, Indian bank closed 6% up. Is this a breakout in the counter? This bank had secured rank 1 in the valuation data that I had published last week.

In the private banking space I like Karur vysya and JK Bank. Both these banks have shown aggressive growth in the past three years and are undervalued when compared to say a Yes Bank.

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