Banking stocks should see an uptrend in a few days: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about banking stocks.

What about banks because they are the ones which seem under pressure and like you pointed out it’s a reversal of trend, Suzlon and DLF, Axis, ITC of course is reacting to news but SBI what about all these stocks?

They should start picking up again once the market starts rallying as it was in the last 4 or 5 sessions. So I would say give them a day or two to sort of cool down and then we should see them back in the uptrend.