Uco Bank still has the momentum: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about banking stocks.

What about banks? Have they basically given up the momentum which means now you can keep them on the side or do you think it is just a temporary blip?

Select banks, I would not say that they are all participating as a pack. Yes Bank has come down 2-3% since the last few sessions. So they are going through at least short term sell off in some banks but overall, you have got quite a few which still have the momentum with them like Uco Bank, Dena Bank, Lakshmi Vilas Bank, Dhanlaxmi Bank. Maybe it is a little bit of rotation within the bank sector itself.