SBI has come back very strongly: Ashwani Gujral

In an interview with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about banking stocks.

ET Now: Which is the strongest banking stock?

Ashwani Gujral: SBI has come back very strongly and this is the stock that could lead banking out of its rut, so higher levels ahead for SBI, probably levels of 3000 should happen in the short run but overall if you are seeing, HDFC, HDFC Bank, all of these banks are coming back strongly. Even the mid-cap PSU banking stocks, something longer like Canara Bank, BoB, BoI, all of these stocks are looking fairly strong.