Monday 22 September 2008

Buy HDFC Bank, HDFC

VP of PMS at Centrum Broking Mr Mehraboon Irani is of the view that investors can buy HDFC Bank, HDFC and Yes Bank at lower level. He said "The names which stand out are HDFC Bank, the HDFC or the Yes Bank those type of banks where irrespective of the overall situation as far as credit crisis goes in the world, I feel if these banks come down for any reason as to what is going to happen as far as global events go if they come down sharply investors should just go ahead and buy, I am sure they will be rewarded."

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.