Hold HDFC bank and buy Axis, ICICI bank: Gaurang Shah, Geojit BNP Paribas

In a chat with ET Now, Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services shares his views about private banking space.

ET Now: What is the call on private sector banks?

Gaurang Shah: In private sector banks, we have a hold on HDFC Bank. We have a buy on Axis, ICICI, Yes Bank and Indusind Bank. We have recently upgraded the target for Indusind Bank post the numbers which were much better than what the street was expecting.