Karnataka Bank is running along with the pack: Deepak Mohoni
The stock looks quite strong, but then most banks are. It is not standing out among the bank set. It is now at about 7-8-week high but you will find a lot of banks doing exactly that.
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| Updated: Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now, gives his views on Karnataka Bank
What is your call on Karnataka Bank?
The stock looks quite strong, but then most banks are. It is not standing out among the bank set. It is now at about 7-8-week high but you will find a lot of banks doing exactly that. It is running along with the pack. Today’s move is a little more exceptional that would be linked to the results but otherwise it has been performing just about as well as any other of the banks which are doing well in this rally.
What is your call on Karnataka Bank?
The stock looks quite strong, but then most banks are. It is not standing out among the bank set. It is now at about 7-8-week high but you will find a lot of banks doing exactly that. It is running along with the pack. Today’s move is a little more exceptional that would be linked to the results but otherwise it has been performing just about as well as any other of the banks which are doing well in this rally.
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